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2023-07-31-accounts

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Report and Financial Statements For the year ended 31 July 2023

Company Registration No. 07331384

Registered Charity No. 1137208

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Contents

Officers and
Professional Advisers 6
Report of the Trustees
(including the Strategic Report) 7
Trustees’ Responsibilities Statement 27
Independent auditor’s report to the members 31
of The Premier League Charitable Fund
Financial Statements 39
- Statement of Financial Activities 41
- Balance sheet 42
- Cash flow statement 42
- Notes to the Financial Statements 43

Company Registration No. 07331384 Registered Charity No. 1137208

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Officers and Professional Advisers

Board of Trustees

Chief Executive

Ruth Shaw (career break between 1 June 2023 – 31 October 2023)

Interim Chief Executive

Alex White (1 June 2023 – 31 October 2023)

Legal status

The Premier League Charitable Fund (“PLCF’’) is a company limited by guarantee (Company number 07331384) incorporated in the United Kingdom and registered in England and Wales. It is registered with the Charity Commission under registration number 1137208.

Registered Office

Bankers

Solicitors

Auditor

Brunel Building 57 North Wharf Road London W2 1HQ

Barclays Bank PLC McCormick’s Solicitors Deloitte LLP 1 Churchill Place Harrogate London London North Yorkshire UK E14 5HP

Company Registration No. 07331384 Registered Charity No. 1137208

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Report of the Trustees (including the Strategic Report)

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Structure, Governance and Management

PLCF is a registered charity in England and Wales (No. 1137208) and was incorporated (Company No. 07331384) on 30 July 2010 by a Memorandum and Articles of Association. It is a company limited by guarantee. The registered office of PLCF is 57 North Wharf Road, London W2 1HQ.

The trustees during the year under review and up to the date of this report were:

The Chief Executive Officer is Ruth Shaw who was on a career break between 1 June 2023 – 31 October 2023. The Interim Chief Executive for the period 1 June 2023 - 31 October 2023 was Alex White.

The Chief Executive is responsible for the day-to-day management of the Charity’s affairs and for implementing policies agreed by the trustees and ensuring that the organisation is meeting its aims and needs, remains financially viable and that all funds are:

Report of the Trustees (including the Strategic Report)

The trustees, who are also directors of the company, present their report (including the Strategic Report) and financial statements of The Premier League Charitable Fund (PLCF) for the year ended 31 July 2023.

The trustees have complied with the provisions of the Statement of Recommended Practice (SORP) (FRS102) ‘Accounting and Reporting by Charities’ issued in 2019, the Charities Act 2011 and the Companies Act 2006, in preparing the financial statements of this Charity. The Charity is a public benefit entity.

The appointment and re-election of trustees to the Board is made by agreement from a simple majority of the PLCF’s Members in a general meeting. Mr R Masters, CEO of Premier League, is identified as a person with significant control with the right to appoint and remove trustees, and Mr W Bush is identified as a person with significant control with ownership of more than 25% (but not more than 50%) of the voting rights.

On appointment, new trustees receive a formal induction overseen by the Senior Governance and Finance Manager which includes a meeting with the Chair and Chief Executive and distribution of key information to support trustees to fulfil their duties. Ongoing training and support is provided to ensure the PLCF continues to be governed effectively.

Trustees are reimbursed any expenses properly incurred in the performance of their duties. The trustees did not receive any remuneration for their services to the Charity during the year. (2022/23: £nil) – see note 12.

Remuneration of key management personnel is set by the trustees. Key management personnel is defined as only the trustees and the chief executive as disclosed on page 6. Information on trustee remuneration is included in note 12.

Company Registration No. 07331384 Registered Charity No. 1137208

The Premier League Charitable Fund

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PLCF believes in rewarding staff fairly for the jobs they do and fostering a positive working environment; as such, they have set salaries and employee terms and conditions to reflect this.

In 2022/23 the EDI Committee met on two occasions, in September 2022 and February 2023. The EDI Committee is a committee of the Board, chaired by Gail Scott-Spicer and is serviced by the PLCF executive team which provides the information to be considered.

Staff are employed on the basis of specific skills that they bring to their particular role and pay is set in accordance with benchmarked roles in relevant sectors.

Risk Management

Audit and Risk Committee

Established in November 2018, the Audit and Risk Committee (ARC) supports the Board and the Chief Executive in ensuring the adequacy of risk management, internal control and governance arrangements and that charitable funds are being used efficiently and effectively. The ARC assists in formulating the assurance needs of the PLCF and assesses how comprehensive and reliable those assurances are. The ARC is a committee of the Board, chaired by Christine Davies and is serviced by the PLCF executive team which provides the information to be considered. In September 2022, Rupen Shah was appointed as the Deputy Chair of ARC. Gail Scott-Spicer stood down as a member of ARC on Rupen Shah’s appointment.

The ARC reports on its work to the full Board at each meeting. In 2022/23 the Board met on four occasions and the ARC met on three occasions, in November 2022, March 2023, and May 2023. In 2022/23, the committee considered issues including safeguarding, risk management, reviewing the Articles of Association, career break policy, salesforce implementation, and impact strategy, as well as having oversight and responsibility for reviewing the Management Accounts and the arrangements to produce the Annual Report and Accounts. The Terms of Reference of the Audit and Risk Committee are available to the public on request.

Equality, Diversity and Inclusion Committee

The Equality, Diversity and Inclusion Committee (EDI Committee) was established in October 2021 to support PLCF’s commitment to embedding a culture of equality, diversity and inclusion at all levels of the PLCF and CCO network. Reporting directly into the Board, the Committee leads on the monitoring and implementation of the PLCF EDI Strategy and Action Plan, reviews strategic risks around EDI, and considers new and emerging EDI priorities for the Charity.

The trustees confirm that exposure to risks is regularly reviewed, and appropriate and effective systems have been established to minimise them. The PLCF’s management of risk recognises that the PLCF works in a complex multi-stakeholder environment, whereby external events have an impact on delivery and organisational objectives, and create risks which we must manage to the best of our ability.

The PLCF has 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 or controlled. A regularly maintained, comprehensive risk register sets out responsibility within the PLCF for risk management, assigning risk managers and identifying measures that have been taken, or are yet to be taken, to mitigate each risk.

The PLCF Risk Panel convenes each quarter and is responsible for day-to-day monitoring of risk and reporting to the ARC. The ARC oversees a review of risks to the PLCF from our policies and operations as well as risks related to the CCOs we fund. The ARC reports risks into the PLCF Board who maintain overall responsibility.

The principal risks identified during 2022/23 relate to funding dependency and the lack of diversification of income streams, risks arising from safeguarding incidents, introduction of a new grant management and monitoring system, staff recruitment, retention, and succession planning.

Whistleblowing

The PLCF is committed to conducting its business with honesty and integrity and expects all staff to maintain the highest standards. However, all organisations face the risk of things going wrong, and PLCF operates a culture of openness and accountability in order to prevent such situations occurring and to address them if they do occur. PLCF encourages staff to report suspected wrongdoing as soon as possible, in the knowledge that their concerns will be taken seriously and investigated as appropriate, and that their confidentiality will be respected, and provides staff with guidance as to how to raise those concerns. PLCF staff are advised that they can raise genuine concerns without fear of reprisals, even if they turn out to be mistaken.

The Board of Trustees has overall responsibility for the PLCF’s whistleblowing policy and for reviewing its effectiveness. The Chief Executive has day-to-day operational responsibility, including to ensure that all staff receive regular and appropriate training in relation to whistleblowing.

Company Registration No. 07331384 Registered Charity No. 1137208

The Premier League Charitable Fund

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Modern Slavery

The PLCF has a zero-tolerance approach to modern slavery and is committed to acting ethically and with integrity in all its business dealings and relationships. This includes the implementation and enforcement of effective systems and controls to ensure modern slavery is not taking place anywhere in the Charity or in any of our supply chains. It is committed to ensuring there is transparency in its approach to tackling modern slavery throughout its supply chains. The PLCF expects the same high standards from all its contractors, suppliers and grantees. As part of any contracting process, where appropriate, specific prohibitions against the use of forced, compulsory or trafficked labour, or anyone held in slavery or servitude (whether adults or children) are included and it is expected that suppliers will hold their own suppliers to the same high standards.

This applies to all persons working for the PLCF or on its behalf in any capacity, including employees at all levels, directors, officers, agency workers, seconded workers, volunteers, interns, agents, contractors, external consultants, third-party representatives and business partners.

The Board of Trustees, advised by the Audit and Risk Committee, has overall responsibility for ensuring this policy complies with its legal and ethical obligations, and that all those under its control comply with it.

The Chief Executive has primary and day-to-day responsibility for implementing this policy, monitoring its use and effectiveness, dealing with any queries about it, and auditing internal control systems and procedures to ensure they are effective in countering modern slavery.

Management at all levels are responsible for ensuring those reporting to them understand and comply with this policy and are given adequate and regular training on it and the issue of modern slavery in supply chains.

Objectives and activities for public benefit

The PLCF is an independent charity which exists to distribute funds on behalf of the Premier League and its partners. Established in 2010 it is now one of the most significant sports charities in the world, supporting a network of 105 professional football club community organisations (CCOs) in the Premier League, English Football League and National League.

PLCF’s charitable objects are specifically restricted to the following:

The PLCF works in the following ways to achieve its charitable objectives:

The Board of Trustees confirm due regard has been paid to the public benefit guidance published by the Charity Commission. A summary of the main projects that were undertaken in 2022/23 is contained in note 9 to the accounts.

Grant Making Policy

The PLCF Board has ultimate collective responsibility for all grant-making decisions in line with the PLCF’s charitable purposes and any criteria agreed with its funding partners. Trustees may assign certain decision-making responsibilities to staff under a process of delegation. Such delegated decisions may be subject to scrutiny and all decisions are reported back to the PLCF Board.

Grants are made primarily to CCOs connected to professional football clubs in the Premier League, English Football League and National League in England and Wales. CCOs are able to apply for funding by invitation only and through the

Company Registration No. 07331384 Registered Charity No. 1137208

The Premier League Charitable Fund

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application processes determined by the PLCF. CCOs do not have to be a registered charity to apply, but funding is always allocated in support of PLCF’s charitable purposes and activity which is charitable in law.

Trustees expect that grants will normally support one or more of the following objectives:

All grants are subject to and conditional upon the CCOs acceptance of and ongoing compliance with the grant agreement and the PLCF’s General Terms and Conditions. Trustees may apply conditions to a grant which will be set out in the grant agreement between the PLCF and grant recipient. All CCOs in receipt of PLCF funding are required to achieve and maintain a satisfactory level of compliance with the Capability Code of Practice. Any areas of development are monitored through individual CCO continuous improvement action plans.

CCOs are required to report progress against agreed key performance indicators (KPIs) and shall record data on number and demographics of participants, activities delivered and outcomes achieved through the PLCFs monitoring system (Salesforce) and via bi-annual written monitoring reports. At the end of a grant agreement, CCOs are required to submit a written End of Grant Report detailing the overall outcomes and impact of the funded activities.

Strategic Report

direction and funding provided by the Premier League, together with other funding partners including the Professional Footballers’ Association (PFA), National Lottery Community Fund (#iwill Fund) and Comic Relief. Partner support and collaboration underpins everything the Charity does. The shared vision of the PLCF and our partners creates and supports activities that inspire participants to achieve their potential and positively impact their communities. By working together, the PLCF and CCOs are better placed to deliver high-quality programmes that offer value for money and effectively respond to need in local communities.

In addition to grant funding, the PLCF supported the network of 105 CCOs with strategic direction and thought leadership, monitoring and oversight, and training, guidance and networking opportunities to help CCOs become stronger, more sustainable organisations. This year, the PLCF delivered 88 training and development opportunities free of charge benefitting 1,318 CCO staff. The inaugural Capability Code of Practice Conference was held at the Etihad Stadium, supporting 167 senior leaders on charity governance and management. PLCF also undertook 89 quality assurance visits to assess the quality and effectiveness of provision. Working with Barnardo’s, PLCF audited the safeguarding arrangements of 19 CCOs this year, assessing compliance against the PLCF’s safeguarding standards and providing recommendations to further drive up standards.

PLCF continues to support the Premier League’s Equality, Diversity and Inclusion (EDI) objectives and campaigns including No Room for Racism and Rainbow Laces through developing education resources and community activity, as well as through delivery of the PLCF EDI strategy and action plan which has four pillars: to champion a culture of inclusion; to diversify the workforce; to deliver inclusive programmes; and to collaborate with EDI partners and funders. All funded CCOs are required to have an EDI action plan in place and a dedicated lead for EDI at both Board and Executive level to ensure EDI is embedded at every level of the CCOs operations.

Funding from the Premier League and the PLCF’s partners supports the delivery of three national programmes: Premier League Kicks, Premier League Primary Stars

Despite the ongoing pressures of the cost-of-living crisis and the impact of the pandemic, this year has been positive for the PLCF and the network of CCOs the charity supports. By working on behalf of the Premier League and our funding partners, PLCF is uniquely placed to support 105 CCOs to develop as sustainable charities, working with their respective local partners to use football as a force for good and positively influence hundreds of thousands of people across England and Wales.

Performance and achievements

This year the PLCF received record income of £39.0m (2022: £33.0m). Expenditure for the year was £36.8m (2022: £34.6m), of which £32.8m (2022: £31.3m) was distributed as grants to support the delivery of Premier League programmes directly benefiting over 270,000 participants across England and Wales. Core funding underpins key infrastructure and a network of over 6,000 staff and volunteers contributing to a far greater reach of people benefiting from wider CCO activity.

The PLCF could not achieve this alone and benefits greatly from the strategic

15 The Premier League Charitable Fund

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and Premier League Inspires. These programmes, along with projects supported through the Premier League and PFA Community Fund, harness the wide-ranging and popular appeal of football. The table below provides a summary of key national programme statistics achieved for the year ending 31 July 2023.

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Programme statistics 01/08/21 01/08/22
– –
31/07/22 31/07/23
Overall participant statistics
Number of unique participants engaged across all 272,328 271,943
programmes
Number of participants that identify as female 101,937 81,578
Percentage of participants that identify as female 37% 30%
Number of participants from ethnically diverse 84,422 87,016
communities
Percentage of participants from ethnically diverse 31% 32%
communities
Number of participants that reported being 15,271 20,666
disabled
Percentage of participants that reported being 5.6% 7.6%
disabled
Premier League Primary Stars
Number of CCOs funded 90 88
Number of schools directly engaged by CCOs 2,651 2,040
% delivery in top 30% most deprived communities 62% 40%
Number of sessions delivered 130,075 118,880
Number of young people supported in PE 127,680 119,490
Number of young people in targeted intervention 46,910 76,256
activities
Number of teachers supported by CCOs 7,699 5,437
Total number of schools engaged to date by digital 18,596 18,945
offer
Total number of teachers engaged to date by digital 58,352 66,006
offer
Reach of digital offer 1,300,000 1,100,000
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Programme statistics 01/08/21 01/08/22
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31/07/22 31/07/23
Premier League Kicks
Number of CCOs funded 90 90
Number of sessions 63,877 64,694
% delivery in top 30% most deprived communities 46% 58%
Number of unique participants 108,121 116,021
Number of participants that identify as female 26,354 27,177
Number of venues 1,578 1,533
Number of active volunteers 988 1,338
Number of participants participating in Youth Social 2,836 2,273
Action
Premier League Kicks Targeted
Number of CCOs funded 45 45
Number of sessions 9,916 6,421
% delivery in top 30% most deprived communities 45% 51%
Number of unique participants 1,538 1,118
Number of participants that identify as female 322 216
Number of venues 351 228
Premier League Inspires
Number of CCOs funded 31 44
Number of sessions 22,850 32,164
% delivery in top 30% most deprived communities 54% 40%
Number of unique participants 8,779 11,580
Number of participants that identify as female 3,591 5,016
Number of venues 443 446
Premier League and PFA Community Fund
Number of CCOs funded 25 26
Number of sessions 48,441 41,554
% delivery in top 30% most deprived communities 57% 45%
Number of unique participants 26,210 23,734
Number of participants that identify as female 10,199 9,826
Number of venues 998 832
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Company Registration No. 07331384 Registered Charity No. 1137208

The Premier League Charitable Fund

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Premier League Kicks

Premier League Kicks uses the power of football and sport to inspire young people to reach their potential in some of the most high-need areas in England and Wales. To date, almost half a million participants have benefitted from their involvement in Premier League Kicks, with the programme celebrating one million hours of delivery in season 2022/23. This year, the programme was delivered by 90 CCOs across the Premier League, English Football League and National League, achieving the following:

more than 80 professional football clubs across England and Wales took part in the regional qualifying tournaments earlier in the year, in the hope of earning the chance to play in the Premier League Kicks Cup finals, in the playing kit of their professional football club side. The Under-16 tournaments are part of the competition elements of the Premier League’s flagship community programme and celebrate the Charity and Premier League’s commitment to providing safe places to play.

Premier League Kicks Targeted

Funded by the Premier League and BBC Children in Need, Premier League Kicks Targeted worked with children and young people involved in, or at significant risk of involvement in, violence by responding directly to the challenges they face in their local communities. Premier League Kicks Targeted was fully embedded into the Premier League Kicks and Premier League Inspires programmes in December 2022.

*Percentage (where value known)

Premier League Kicks Cup

More than 300 young people from across England and Wales took part in the Under-16 girls’ and Under-16 mixed Premier League Kicks Cup tournament finals, held at the University of Warwick in July. Almost 1,400 participants representing

Premier League Disability Football Festivals

More than 450 young people representing more than 40 professional football clubs across England and Wales took part in three Premier League Disability Football Festivals in summer 2023. Staged as part of the Premier League’s yearround commitment to providing access to football, the pan-disability football festivals create opportunities for players to develop their skills and confidence in a supportive environment, catering for the needs of people who are neurodivergent and those who have sensory or physical disabilities.

Premier League Primary Stars

Premier League Primary Stars is the Premier League’s primary school education programme. Launched in 2017 and available to every primary school in England and Wales, Premier League Primary Stars uses the appeal of football to help children be active and develop essential life skills. This year, the PLCF supported 104 CCOs to deliver the programme across the Premier League, English Football League and National League, achieving the following:

Company Registration No. 07331384 Registered Charity No. 1137208

The Premier League Charitable Fund

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succeed in life. This year, 44 CCOs across the Premier League and English Football League delivered the programme, achieving the following:

Premier League Inspires Challenge

Premier League Primary Stars Tournaments

This season’s Premier League Primary Stars Under-11 mixed, Under-11 girls’ and Under-11 national girls’ football tournaments were held at Leeds United’s Elland Road Stadium in June.

The Premier League Inspires Challenge helps young people to learn about some of the challenges facing their football club and community, exploring ways to overcome these issues. In Season 2022/23, more than 1,750 participants were empowered to develop environmental sustainability social action projects in their local communities and at their football clubs. Five, regional in-person events were staged at football clubs across the country to celebrate young people’s involvement in the Challenge.

Premier League Primary Stars Under-11 mixed and Under-11 girls’ Football Tournaments

Premier League and Professional Footballers’ Association Community Fund

Primary school children representing all 20 Premier League clubs from Season 2022/23 took part in the tournaments with Liverpool and Chelsea crowned winners of the Under-11 mixed and Under-11 girls’ tournaments respectively. More than 9,000 children from schools across England and Wales competed for their chance to represent their clubs in this year’s tournaments, which gave those taking part the opportunity to experience the life of a Premier League footballer for the day and compete under the watchful eye of Premier League and Women’s Super League match officials.

The Premier League and Professional Footballers’ Association Community Fund helps football clubs to tackle inequality and respond to local challenges, supporting people and their communities to be more inclusive. This year, the PLCF supported 26 CCOs in the Premier League and English Football League to deliver 89 individual projects, achieving the following:

Premier League Primary Stars Under-11 National Girls Football Tournament

Primary school children representing 20 Premier League, English Football League and National League clubs took part in the tournament to determine the eventual winners, Brighton and Hove Albion. More than 14,500 girls representing more than 100 professional football clubs from across England and Wales competed for their chance to represent their respective clubs in this year’s tournament.

Premier League Changemakers

Premier League Inspires

Premier League Inspires uses the power of football to inspire children and young people aged 11-25 to develop the personal skills and positive attitudes needed to

Premier League Changemakers is delivered through Premier League Kicks and Premier League Inspires and provides opportunities for girls and young women aged 11-18 to access leadership training alongside sport and physical activity. The programme also encourages participation in gender equality and mental

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The Premier League Charitable Fund

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health social action projects, to increase participants confidence and support the development of vital life skills. Forty-seven club community organisations across the Premier League and English Football League currently deliver the programme. More than 1,200 girls and young women have engaged in Premier League Changemakers to date.

In May, more than 60 girls and young women attended the Premier League Changemakers event, as part of the Premier League and the Premier League Charitable Fund’s commitment to supporting women and girls. The event saw 14–16-year-olds from 15 professional football clubs come together at Leicester City’s King Power stadium to explore gender equality and opportunities for women within the football industry.

the available reserves which resulted in restricted funds of £19.0m (2022: £16.2m).

Protect the Planet

This season, more than 90 CCOs supported by the Premier League Charitable Fund to deliver one or more national Premier League programmes were invited to participate in the Protect the Planet Challenge. Funded by the Premier League and #iwill Fund, the Protect the Planet Challenge inspires young people aged eight18-years-old, with a priority focus on eight-13-year-olds, to develop and deliver sustainability social action projects in their local community. 160 projects were active across England and Wales, with more than half of all sessions delivered in education establishments.

Premier League Youth Summit

Hundreds of young people from across England and Wales were empowered to share their views on the issues affecting them and their communities, as part of the Premier League Youth Summit 2022. Held at BBC Media City in Salford in August 2022, and delivered in partnership with BBC Children in Need, the virtual summit encouraged 11-18-year-olds, representing 60 CCOs, to engage in discussions around equality, diversity and inclusion.

The Summit brought together young people from across the Premier League Kicks community programmes, including those taking part in one-on-one Premier League Kicks Targeted support sessions and the female empowerment activity of Premier League Changemakers. The virtual Premier League Youth Summit began in season 2020/21. More than 1,000 young people have contributed to the discussions from inception.

Financial Review

Donation income for the year was £39.0m (2022: £32.9m) and a total of £32.8m (2022: £31.3m) was paid out for grants. The work of PLCF is reliant mainly on donations from the Premier League and the PFA, (see note 9). Income from grants and other sources for the year under review and expenditure expended are detailed in the Statement of Financial Activities on page 41.

The net surplus for the period of £2.8m (2022: deficit of £1.6m) has been reflected in

In July 2023, the Premier League set out in a letter to the PLCF their funding partnership agreement for the PLCF for £37.67m for season 2023/24 and £37.67m for season 2024/25.

Investment Policy

PLCF holds cash balances throughout the year as a result of donations received from its funding partners. These cash balances represent short to medium term funding requirements of the Charity. Accordingly, it is the policy of PLCF to place these cash holdings in fixed term treasury deposits in order to maintain liquidity and maximise the interest receivable. The length of term of these deposits ranges from one week to twelve months depending on cash requirements in terms of grants payable and day-to-day administration costs.

Reserves

Total reserves at the end of the reporting period are £19.0m (2022: £16.2); these are all restricted. Please refer to note 10 for the future commitments. Within each of the restricted funds, management has agreed with the funding partners that the grant allocations of each programme will only be calculated after the central and support costs of that programme have been accounted for. Although all of the PLCF’s funds are restricted and no unrestricted reserves are held, the agreement in place with the PLCF’s key funder, Premier League, allows core costs to be appropriately allocated to various projects.

The current reserves policy is that twelve months of the operational expenditure should be covered by the reserves held. The policy has been considered by the Audit and Risk Committee this season and is reviewed periodically by trustees to ensure it continues to meet the evolving needs of the PLCF.

Going concern

The PLCF Audit and Risk Committee (ARC), on behalf of the trustees, regularly reviews management information on budgets and forecasts for income,

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The Premier League Charitable Fund

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expenditure and cash-flows. It does this for the organisation as a whole, and on a project-by-project basis.

In respect of the season 2023/24, PLCF have received a funding increase from the Premier League to £37.7m. While funding from the Premier League has increased, other funding streams have ended. Any shortfall that this creates will be managed through available reserves. Trustees have also reflected that the increase is due to a new fund and so this is additional restricted income.

PLCF funding is typically agreed in a three-year cycle, however for the 2022/23 season a one-year funding offer from the main funder, the Premier League was agreed with only assurances regarding the season 2023/24 and 2024/25 . In July 2023 the Premier League set out in a letter to the PLCF the funding partnership agreement to confirm £37.6m in 2023/24 and £37.6m in 2024/25.

Trustees have taken account of the current and future operating environment including the rising cost of inflation and cost of living as a result of the Russia – Ukraine war and the wider economic climate. Having done so and having reviewed the funding partnership agreement letter for funding for the next year, the trustees have confidence that they have sufficient funding in place to cover core costs for the next year. Total core expenditure for the current season was £3.4m (2022: £3.3m). As noted in the principal risk mitigations should funding fall further then ultimately the trustees retain the discretion to reduce the grant commitments.

organisational development, workforce development, programme development and data collection to reflect the communities and beneficiaries they serve.

Auditor

Deloitte LLP have expressed their willingness to continue in office and will remain as auditor unless a resolution is passed by the company changing this status.

In so far as the trustees are aware:

The Trustees’ Report, including the Strategic Report, was approved by the Board of Trustees and signed on behalf of the Premier League Charitable Fund on 18 December 2023.

Mr T Godwin OBE QPM

The trustees consider the level of funding to be sufficient to meet the objectives of the PLCF. The trustees have a reasonable expectation that the organisation has adequate resources to continue in operational existence for at least twelve months from the date of approval of the financial statements. Trustees continue to adopt the going concern basis in preparing the financial statements.

Chair of Board of Trustees, Premier League Charitable Fund

Plans for future periods

The PLCF benefits greatly from, and relies heavily on, income from the Premier League and its partners. The PLCF will continue to develop the data and evidence base to demonstrate impact and return on investment for the current funding partners. It will also explore additional future funding partners and focus on telling the story of the collective impact of its work and that of the CCOs.

The decision from the Premier League to ask the PLCF to take responsibility for the Premier League Fans Fund was welcomed by the PLCF Board and is seen as a vote of confidence from the Charity’s main funder that the PLCF can administer this key fund. The PLCF will demonstrate its impact through this fund throughout 2023/24 and ensure the Premier League has confidence in the systems in place to administer and manage the fund alongside the other key funds.

The Charity will continue to support CCOs to deliver programmes that help children and young people to achieve their potential and have a positive impact on communities. The PLCF will challenge itself and the network to support the mental health and wellbeing of participants and embed equality and inclusion through their work, tackling discrimination and making improvements to

Company Registration No. 07331384 Registered Charity No. 1137208

The Premier League Charitable Fund

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The Trustees (who are also Directors of PLCF for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”.

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Trustees’ Responsibilities Statement

Company Registration No. 07331384 Registered Charity No. 1137208 30

The Premier League Charitable Fund

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Independent auditor’s report to the members of The Premier League Charitable Fund

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Report on the audit of the financial statements

Opinion

In our opinion the financial statements of the Premier League Charitable Fund (the ‘charitable company’):

We have audited the financial statements which comprise:

The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (United Kingdom Generally Accepted Accounting Practice).

Basis for opinion

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

Independent Auditor’s Report

We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the Financial Reporting Council’s (the ‘FRC’s’) Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

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

Company Registration No. 07331384 Registered Charity No. 1137208

The Premier League Charitable Fund

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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 charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

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

Other information

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.

A further description of our responsibilities for the audit of the financial statements is located on the FRC’s website at: www.frc.org.uk/auditorsresponsibilities . This description forms part of our auditor’s report.

The other information comprises the information included in the Report of the Trustees, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. 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.

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 course of 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 this gives rise to a material misstatement in the financial statements themselves. 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.

Responsibilities of trustees

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

In preparing the financial statements, the trustees are responsible for assessing the charitable company’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 charitable company or to cease operations, or have no realistic alternative but to do so.

Extent to which the audit was considered capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to

We considered the nature of the charitable company’s industry and its control environment, and reviewed the charitable company’s documentation of their policies and procedures relating to fraud and compliance with laws and regulations.

Company Registration No. 07331384 Registered Charity No. 1137208

The Premier League Charitable Fund

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We also enquired of management and the trustees about their own identification and assessment of the risks of irregularities, including those that are specific to the charitable company’s business sector.

Report on other legal and regulatory requirements

Opinions on other matters prescribed by the Companies Act 2006

We obtained an understanding of the legal and regulatory frameworks that the charitable company operates in, and identified the key laws and regulations that:

We discussed among the audit engagement team regarding the opportunities and incentives that may exist within the organisation for fraud and how and where fraud might occur in the financial statements.

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

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified any material misstatements in the strategic report or the directors’ report included within the trustees’ report.

Matters on which we are required to report by exception

As a result of performing the above, we identified the greatest potential for fraud in relation to revenue recognition over Premier League funding, and our procedures performed to address it are described below:

In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override. In addressing the risk of fraud through management override of controls, we tested the appropriateness of journal entries and other adjustments; assessed whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluated the business rationale of any significant transactions that are unusual or outside the normal course of business.

In addition to the above, our procedures to respond to the risks identified included the following:

Under the Companies Act 2006 we are required to report in respect of the following matters if, in our opinion:

We have nothing to report in respect of these matters.

Use of our report

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

Jeremy Black ACA (Senior statutory auditor)

For and on behalf of Deloitte LLP Statutory Auditor London, United Kingdom, 18 December 2023

Company Registration No. 07331384 Registered Charity No. 1137208

The Premier League Charitable Fund

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Docusign Envelope ID 3B175484-OA2C47D3-8ECE-17B2685929F2 Financial Statements

DocuSign Envelope ID: 3B175484-0A2C-47D3-8ECE-17B2685929F2

Balance sheet

Financial Statements

As at 31 July 2023 2023
(£)		 2022
(£)
Notes
Current assets
Debtors
Cash and cash equivalents
Cash at bank and in hand
Creditors: amounts falling due within one year
Accrued Costs
Trade Creditors
Deferred Income
Total assets less current liabilities
being net current assets
Restricted funds		 -
21,428,686
21,428,686
Creditors: amounts falling due within one year
(540,411)
(171,191)
(1,670,000)
19,047,084
19,047,084		 883,333
7
15,757,696
14
16,641,029
(429,584)
8
-
-
16,211,445
16,211,445
9
Total funds 19,047,084 16,211,445

Statement of Financial Activities

Incorporating an income and expenditure account

For the year ended 31 July 2023 Restricted
Funds
2023
(£)		 Restricted
Funds
2022
(£)		 Notes
Income from;
Donations
Investments		 39,009,356
688,666		 32,924,160
66,757		 2
Total income 39,698,022 32,990,917
Expenditure on;
Charitable activities;
- Community Cohesion
- Education
Total expenditure
Net surplus/(expenditure) for the
year before and after tax
Funds brought forward		 23,954,763
12,907,620
36,862,383
2,835,639
16,211,445		 23,704,687
10,915,612
34,620,299
(1,629,382)
17,840,827		 3
Funds carried forward 19,047,084 16,211,445 9

There were no other recognised gains or losses other than those listed above and the net income for the year. All income and expenditure derives from continuing activities.

These financial statements of the charity Premier League Charitable Fund registered charity number 1137208 were approved by the trustees and authorised for issue on 18 December 2023 and signed on their behalf by;

T Godwin

Chair of the Board of Trustees, Premier League Charitable Fund

Cash flow statement

For the year ended 31 July 2023 2023
(£)		 2022
(£)		 Notes
Net cash Inflow/(outflow) from 4,982,324 (2,497,800) 13
operating activities
Cash flows from investing activities:
Interest received		 688,666 66,757
Increase/(decrease) in cash and 5,670,990 (2,431,043)
cash equivalents in the year
Cash and equivalents brought
forward		 15,757,696 18,188,739 14
Cash and equivalents carried 21,428,686 15,757,696 14
forward

Company Registration No. 07331384 Registered Charity No. 1137208

The Premier League Charitable Fund

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Notes to the Financial Statements

For the year ended 31 July 2023

1. Accounting policies

The Premier League Charitable Fund, a public benefit entity, is incorporated in England and Wales as a company limited by guarantee not having a share capital.

The Trustees comply with the provisions of the Statement of Recommended Practice (SORP 2019) ‘Accounting and Reporting by Charities (SORP 2019)’ applicable to charities preparing their accounts in accordance with financial reporting standard applicable in the UK and Republic of Ireland (FRS 102), effective 1 January 2019, and Companies Act 2006.

The principal accounting policies adopted, which have been applied consistently in the current year, are described below. These financial statements have been prepared on a going concern basis as the trustees are satisfied that the Charity has sufficient financial resources for at least 12 months from the date these accounts were signed. This assessment has been made taking regard of the current levels of cash, the known income for the next 12 months (starting 01 August 2023) and assessing the likely level of charitable expenditure over the same time period within each restricted fund; please refer to the “Reserves” and “Going concern” sections of the report of the trustees on page 24 for additional information.

Donated staff time received from the Premier League has not been recognised in the financial statements as it is not practicable to quantify the cost.

Cost of charitable activities

This includes all expenditure directly related to the objects of the Charity. This consists mainly of assessing grant applications and making and monitoring grants. It also includes support costs representing staffing and associated costs.

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to that category. Where costs cannot be directly attributed to particular headings, they have been recognised as support costs and allocated to activities on a basis consistent with use of resources. The allocation of support cost is agreed on an annual basis by the Trustees, as part of the budget process. No support costs have been applied to Other programmes as minimum grant making activity and staff time has been spent on these activities.

Grants are charged to the SOFA when a constructive obligation exists. Where grants are awarded over a number of years, future instalments of the grants are dependent upon the satisfactory fulfilment of the PLCF’s monitoring and quality assurance requirements. PLCF reviews projects at least annually to approve future instalments of the grants.

The functional currency of the Charity is sterling, being the currency of the country in which it operates.

Accounting convention

These accounts are prepared under the historical cost convention.

Fund accounting

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor.

Further details of each fund are disclosed in note 9.

Income

All income is included in the Statement of Financial Activities (‘SOFA’) when the charitable company is legally entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies apply to categories of income:

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

Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and cash in hand includes cash highly liquid investments. Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Governance costs

Critical accounting judgements and key sources of estimation uncertainty

Governance costs are the costs associated with the governance arrangements of the Charity. Included within this category are costs associated with the strategic as opposed to day to day management of the Charity’s activities. These costs are shown in note 5.

Pension costs

For defined contribution pensions the amount charged to the statement of financial activities in respect of pension costs and other post-retirement benefits is the contributions payable in the year. Differences between contributions payable in the year and contributions actually paid are shown as either accruals or prepayments in the balance sheet.

In the application of the Charity’s accounting policies, which are described in this note, the trustees are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. There are no critical accounting judgments or key sources of estimation uncertainty at the reporting date.

Irrecoverable VAT

2. Donations

Irrecoverable VAT is charged as an expense in the SOFA and allocated to the same category as the associated expense.

Financial assets and liabilities

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

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

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 Charity after deducting all its liabilities. All financial assets and liabilities are initially measured at transaction price (including transaction costs) unless the arrangement constitutes a financing

Income from donations comprises: 2023
(£)		 2022
(£)
Grant income – FA Premier League 30,070,000 22,980,000
Grant income – PFA 8,400,000 8,400,000
Grant income – #iwill Fund * 500,000 500,000
Grant income – Comic Relief
Grant income – Children In Need
Grant income – MOPAC
Other donations
Total**		 35,000
-
-
4,356
39,009,356		 275,000
666,666
100,000
2,494
32,924,160

*The #iwill Fund is an England wide joint investment that brings together funding from the Department for Digital, Culture, Media and Sport and The National Lottery Community Fund, creating a central investment pot.

Company Registration No. 07331384 Registered Charity No. 1137208

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3. Analysis of expenditure

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Year ended Grants to Direct Support Total
31 July 2023 institutions costs costs costs
(£) (£) (£) 2023 (£)
Community Cohesion;
PL Kicks 10,625,250 430,172 455,409 11,510,831
PL and PFA 10,685,399 908,759 531,311 12,125,468
Community Fund
Other 441,000 29,266 - 470,266
21,751,649 1,368,197 986,720 24,106,566
Education;
PL Inspires 3,254,937 78,387 151,803 3,485,127
PL Primary Stars 7,765,677 1,125,505 379,508 9,270,690
11,020,614 1,203,892 531,311 12,755,817
32,772,263 2,572,089 1,518,031 36,862,383
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Support costs have been allocated on a basis consistent with use of resources; no support costs have been allocated to Other as no direct activities were completed by PLCF staff on these projects in the current year or prior year.

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Year ended Grants to Direct Support Total
31 July 2022 institutions costs costs costs
(£) (£) (£) 2022 (£)
Community Cohesion;
PL Kicks 10,764,584 357,307 367,688 11,489,579
PL and PFA 11,264,115 579,170 306,406 12,149,691
Community Fund
Other - 65,417 - 65,417
22,028,699 1,001,894 674,094 23,704,687
Education;
PL Inspires 2,100,981 85,979 183,844 2,370,804
PL Primary Stars 7,153,096 1,024,024 367,688 8,544,808
9,254,077 1,110,003 551,532 10,915,612
31,282,776 2,111,897 1,225,626 34,620,299
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CCO Grant No. of No. of No. of No. of
payment analysis CCOs CCOs Non CCOs Non CCOs
2023 2022 2023 2022
£0 to £500k 67 65 1 1
£501k to £1m 30 25 - -
£1m+ - 2 - -
Total 97 92 1 1
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The above grants are paid to a number of organisations to carry out the approved projects. CCOs and other organisations can apply for grants under a number of different programmes. As described in the Trustees’ report, PLCF invited applications from CCOs from the Premier League, English Football League and National League. The largest single programme grant given in the year was £250k (2022: £250k) and the largest total grant given to a single CCO was £993k (2022: £1.02m).

4. Net Surplus/(expenditure) is stated after charging

2023
(£)		 2022
(£)
Fees payable to the company’s auditor for the 20,400 19,800
audit of the company’s annual accounts

5. Direct and support costs

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Direct Support Total Direct Support Total
costs costs 2023 costs costs 2022
2023 (£) 2023 (£) (£) 2022 (£) 2022 (£) (£)
- -
Staff costs 1,243,802 1,243,802 894,243 894,243
- -
External project 2,572,089 2,572,089 2,111,897 2,111,897
support
- -
Other expenses 161,129 161,129 218,883 218,883
- -
Office overheads 92,700 92,700 92,700 92,700
Governance costs - 20,400 20,400 - 19,800 19,800
Total 2,572,089 1,518,031 4,090,120 2,111,897 1,225,626 3,337,523
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External project support consists of costs relating to external resources purchased to carry out the programme activities.

Company Registration No. 07331384 Registered Charity No. 1137208

The Premier League Charitable Fund

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6. Staff costs and numbers

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|||| |---|---|---| |Employee costs during the year|2023|2022| |amounted to:|(£)|(£)| |Wages and salaries|983,412|720,141| |Social security|113,551|85,084| |Pension|136,596|82,891| |Other employee benefits|10,243|6,127| |Total|1,243,802|894,243| |The average monthly headcount|2023|2022| |(No.)|(No.)| |Administration and management|19|14|

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During the current year, the following employees’ emoluments (excluding employer pension costs) exceeded £60,000:

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|||| |---|---|---| |Band|Employees|Employees| |2023 (No.)|2022 (No.)| |£60,000 to £69,999|2|2| |£70,000 to £80,000|1|1| |£90,000 to £99,999|2|1| |£100,000 to £110,000|0|1|

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During the year, pension contributions on behalf of these staff amounted to £23,780 (2022: £18,923).

Key management personnel are represented by two individuals (2022: one individual), being the Chief Executive (10 months) and second person being the Interim Chief Executive (2 months) of the PLCF. The total remuneration (including Employers’ NI and pension costs) for key management personnel in the period totalled £127,270 (2022: £124,395).

The pension liability outstanding at year-end was Nil (2022: Nil).

7. Debtors: amounts falling due within one year

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||| |---|---| |Employees|Employees| |2023 (No.)|2022 (No.)| |-| |Prepayments and accrued income|883,333| |-| |883,333|

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8. Creditors: amounts falling due within one year

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|||| |---|---|---| |2023|2022| |(£)|(£)| |Accruals|540,411|429,584| |Trade Creditors|171,191|-| |Deferred Income*|1,670,000|-| |Total|2,381,602|429,584|

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*Deferred income represents advanced payment made by Premier League for the PL Fans Fund project.

Company Registration No. 07331384 Registered Charity No. 1137208

The Premier League Charitable Fund

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9. Restricted funds

2023 Balance
B/F
from
2022 (£)		 Donation
Income
(£)		 Invest.
Income
(£)		 Grants
paid(£)		 Direct
and
support
costs (£)		 Total
C/F 2023
(£)
PL Kicks
PL and PFA
Community Fund
PL Inspires
PL Primary Stars
PL Fans Fund
Other		 4,038,939
6,787,380
1,861,183
2,541,520
-
982,423		 11,238,000
11,685,000
3,822,000
10,190,000
1,670,000
404,356		 74,300
86,683
24,767
61,916
-
441,000		 (10,625,250)
(10,685,399)
(3,254,937)
(7,765,677)
-
(441,000)		 (885,582)
(1,440,069)
(230,190)
(1,505,013)
-
(29,266 )		 3,840,407
6,433,595
2,222,823
3,522,746
1,670,000
1,357,513
Total restricted 16,211,445 39,009,356 **688,666 ** **(32,772,263) ** **(4,090,120) ** 19,047,084
funds
2022 Balance
B/F
from
2021 (£)		 Donation
Income
(£)		 Invest.
Income
(£)		 Grants
paid(£)		 Direct
and
support
costs (£)		 Total
C/F 2022
(£)
PL Kicks 6,561,824 8,946,666 20,027 (10,764,584) (724,994) 4,038,939
PL and PFA
Community Fund
PL Inspires
PL Primary Stars
Other
Total restricted		 6,906,125
2,176,231
1,151,301
1,045,346
17,840,827		 12,014,258
2,045,742
9,915,000
2,494
32,924,160		 16,689
10,014
20,027
-
**66,757 **		 (11,264,115)
(2,100,981)
(7,153,096)
-
**(31,282,776) **		 (885,577)
(269,823)
(1,391,712)
(65,417)
**(3,337,523) **		 6,787,380
1,861,183
2,541,520
982,423
16,211,445
funds

Premier League and PFA Community Fund

The Premier League and Professional Footballers’ Association Community Fund empowers individual professional football clubs to work in collaboration with local strategic partners to meet the needs of their local communities in key areas such as education, community cohesion and sports participation.

Premier League Inspires

Premier League Inspires is an education programme developed by the Premier League and professional football clubs and introduced in 2019. The programme works with young people aged between 11-25 in educational settings and uses the unique characteristics of professional football club staff, along with learning and experience from a number of other educational programmes, to positively affect change in those most in need.

Funds received from principal donors are for specific projects including external project support and general administration costs.

The main projects represent:

Premier League Kicks and Kicks Targeted

Company Registration No. 07331384 Registered Charity No. 1137208

The Premier League Charitable Fund

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Premier League Primary Stars

Premier League Fans Fund (PL Fans Fund)

10. Future project funding

12. Related party transactions and trustees’ remuneration

13. Reconciliation of net (deficit) to net cash inflow from operating activities

2023
(£)		 2022
(£)
Net Income/(defcit) for the year 2,835,640 (1,629,382)
Interest received (688,666) (66,757)
Increase in creditors 1,952,017 81,672
Decrease/(Increase) in debtors 883,333 (883,333)
Net cash Infow/(outfow) from 4,982,324 (2,497,800)
operating activities

14. Analysis of cash and cash equivalents

Cash 2023
(£)
Total 2023
(£)		 Cash 2022
(£)
Total 2022
(£)
Cash at bank
and in hand
21,428,686
21,428,686
15,757,696
15,757,696
Total
21,428,686
21,428,686
15,757,696
15,757,696

11. Taxation

Company Registration No. 07331384 Registered Charity No. 1137208

The Premier League Charitable Fund

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The Premier League Charitable Fund creates and supports activities that inspire participants to achieve their potential and positively impact their communities.

To find out more, please visit: www.premierleague.com/plcf Premier League Charitable Fund Brunel Building 57 North Wharf Road London W2 1HQ

Company Registration No. 07331384

Registered Charity No. 1137208