ChArfty molAtrtkn numb•r1140D11 Comparry vgl•lrnthJn numb•r OYS74103 IEryknTrd •nd W•lB•l THE SIR BOBBY CHARLTON FOUNDATION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
THE SIR BOBBY CHARLTON FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION ly N Ch•11 Klr S Wcros Mr J T Sht818 Mr R LAC8dl M8 J E 8tmn Found•r Slr R Ch•rtton Mr S HLvJhe8 Mr G Dul•y Chrlty wnbAr 1140911 Compary 07S14103 Prfnclpol •ddr••• Booth• H1 Booths P¥wk ChelfGYd Road Knutsford Chèshirè WA16 8GS R•olt•rnd offle• Boots HITr B¢)olh$ P8 Chdford Rogd Knutsford Cheshore WA16 8GS Autht Azd8 Audlt SeN 4 Grnok Strnet Cheshlr• Sk3 BAB
THE SIR BOBBY CHARLTON FOUNDATION CONTENTS Fourthfs r•wt TNst••#' roport statem8nt cltru¥toe& rnSPt)t1uties Imlopendent audMoff$ rewt Slotèmenl of ffinal aLvRie5 10- 11 12 13 Noles to the fmndal ststemènts 14-28
THE SIR BOBBY CHARLTON FOUNDATION FOUNDER'S REPORT FOR THE YEAR ENDED 30 JUNE 2024 6tst•m•n¢from th• Foundgr, Sir Bobby Ch¥rttDn While thsltAig Cambodla In 20081 w9$ sho¢ed to see 4)tIrAd sufferfng of the bng 8fter th• war had ended. &$pallY IFh)8• INirvJ in p3or f8myFyJ I comnmtted mysdf to do all I could to h9¥) these poop. Totsy l am to 8urrvunded by a commitbd group of people who my vwon Bnd d&errrwwbDn to do 811 tlw can foT vm$ ofeonfllct..
THE SIR BOBBY CHARLTON FOUNDATION TRUSTEE8' REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 30 JUNE 2024 The trust•8s, who are $0 dlreclor# foT the purpo1 of cunpory law. pro•frm tholr rwrt ffinarthl ststements for th• yw•nd•d 30 Jur 2024. The finarwial statemert6 have beon wepafad In Xoan¢9 wlh Ihe accountino OrAe8 8•t ¢Lrt in n¢kn I to the fin¥rKial Statements and L)>nply thB tharity8 govewllrrfJ document, the ComporAw Acl 2006 and 'A¢in19 d RepDrting by Char#les.' Slatemrt of R•commendl Pradlce applicable to chgrities weparing thetr Ao>Junts In aCcordw with the Finan¢x81 Rewrtln9 St8ndard 8pplk8ble in the UK and Republic of Ireland IFRS 1D21" (as ameTrJed for octs)unlin9 periods conymndng from 1 January 2016). Obl•ctlvM ar acrf¥ The p•rkd 202>24 w88 mwk•d by Ihe dwlh of Sw Bobty Chavlton on 21 Orlober 2023, founder and PrIdent of th• Sir Bobby Charlon Foundation. The wjbsequent outpwring of from the fi11 <mmunlty and beymd waB rornarkablg, engender In1¥•dib (x)verage of h16 llk.. hi¥ sluftnro playlrv4 (areer, hi¥ dose fanmly Irf•. tO9ether with his humllty, 8n(I the re¥)ed commanded as a kntball legend and a$ a ynkn8n. It 8180 brwjhl to th8 re h[$ eXtraOrdn b•navtrlènc and ndIsh)n to tPJse fCm than hlmueif. enr•ulated arty, and the opportiwwty to tel that story more. Slr Bobtrty'8 pauwva al80 led to csideatrAe donAt4ons fr¥1 bodioB ¥u¢ as M96r Unlte¢ FIFA and UEFA, as wll 08 ¢m8ller OrganitionS aThl 1nfl1waIa, totalllng In excess of £12Ck Th dom16 INed with 9reat 9pN. and wlll be investad into WDjerl delrw the next financjaf year. In the weeks precedtng tris d8ath. the TnJ8tee8 had nInU#d to th? ongolng. th¥nenglng eLXjrnl¢ Èltuatknn, wlh tht raIne war stim in dey, high cosls of1Svlng acT086 the C •nd Ihe uncertglnty by ¥ tharvJ8 ol J)v8mm•nt. Wth the Ch•rtty'• of paramount irnportanL, ro¢Jdng the CAXt bat• and overheads of the Charity in 2023-24 was a key drfver of Straw and 4wr•licTh. In pracl(. this approach m•ant purlthng thè plan to n8rrow (D¥ 01 ts work8tr•amB, reVIn9 Ihe governan aThl 8tructLffe of Ihl eharty. And rev1n9 811 Alongside th18, rnh •ffort waj frKue¢d on ciYnmuntslorr6 to brfrvj to Ife Str Bobty8 hurnanlarlan Jtory, o of &r Boity knMI ts) the worfd. In OctLer 2023, tht S8CF COO {8nd only pwmanenl am[A08) 18ft thg Clrity 4loThJ 1h the pt-Ume book- ke¢por. In Mard) 2024. th# Tru81 appthted Collette Hall to the rde of EA to th• 8o•rd in a vtrtu 8bgnSficath I•d1ng staff ovefvads. Akn of Hir CaPaty waB b1rrtJg in a8 athsor on 9o¥emanee, nd the partner¥hlp wAlh th• desvjn aThJ marteting ggency Bellg was rnththyed and upscaled to raise the profile of S8CF ltrmigh updal•d web61t• wtr•civp medla campaigrrd. F)Nn9 the COO'B dapartfft. tasks relalng to the ManagenI of tho Chanty terr4)or8dty deleg*d to Trustws In vohsntary ¢apacrft85. For oxamph, Jar Batgrnan led muth of the day-ttsday admlnistratlon ¥KI Rupert Cedl fiTrarwl rrkn. indudkng th8 thok98le remw of SBCF Inve8tmEnts and banking. This ctsst-•ffectNe mix of voluntserfng •arvice o)ntra(kn stabilisod th• Chariiy thjring Ills poliod. In M•y 2024, followij ¢on$tati0Th wth lawyers. Jano Batomon w8$ •ppointed VKe Chair atKI Execullve Dlr•dor on a l)asig. Th& TN51ees are tisfied that cTant COMnakn ol ¢xeculNe arKI volunL9ry BUPPOrt is wJe(pJate to 80r¥Ke the managem•nl oftho Charity and rt• curfert a1 projected CAJmmHmert8. The ISteE8 have patd due regaTd to guidaru 166u8d ty thu Chyrtty CoffAni8?icffl In de¢k&NJ wthat chavity should uTraertsk•.
THE SIR BOBBY CHARLTON FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED FOR ThIE YEAR ENDED 30 JUNE 2024 A¢hVeM9nts and perform Tho Tru81gÈ8 adhered to th& ltraleg dlrethn agr•ed whith was a n¥rrower to creatg Iryyoved OPFthunlti•8 fcK fvrKlrn18h9 wold• the Chrity Mith a rrw)r• ¥u81¥inable fisture. The three b¥Ity areas awoed Cirnlx)dl• w{tr Cwnbodia the knsplrakn for Sir Bcthy to •stsbliah hls In 2011. Here he wrfnasmd th contlnukng. devJststlng hipact of dd•Id landTrn•8 on Commun¥, wthere tho 4)1 Ivslng HmbB was ¥lill pfwalenL The Trustees ¥w6ed to extend tha p8rlnw8hlp 7th Excawj Ifftljrfme to prov and ffl 800 proth&tle limb¥ for 8uffwing from •st injuries al ottr di8dxlle8 Jane B•tsrrdn m•t th Exc ¥AbN&Ide In C•mbodia in May 2024, introducd lo nlart&s of the SBCF fuThJlNJ, Inthdry lho witt) liffrrestoring pr031trwtiG Mmb•, to otxem FYogrBsson tthallolthe Board. wvic• wa$ dao h8trJ fty Slr Bcby. Ukralm Hamng W£ PWliDusly In Ukraine, the Trustees knked lor a now OPFrf¥iufttty wwld ad¢e¥B c hllthen in thi• war-twn country Itough the ¥eWe of frjotball, gnIng #n akyeemenl In April Ythh FC Shathtar's 'Vrted T0r. wDJed. The SBCF fuThJB tlma fo¢thdl hth8 In Ukrnlng ere 180 youngSt•rs can play footb81189fely Ihreè timw a week. ¥Ath waiat tr•ln•d to d•al wilh ftom tho Irrt arxl omtional Stress ofeonfd Man¢h•8t•r A8 Sir 8obby'6 oW•d lry Greater MarKlml•r was Identifled aB a key wIit K¥rkstrthn and lundra15ing focu& fDr S8CF. A parlnernhlp with Iho Lryry. Sajlord, with its tow of Its flagst arlwcrfk by LS Lowry around the Nt¥$t, wa8 sbJn8d In Febw8ry 2024. The dl¥lay ol'Gcing to Ihe MHtth' hos beon supported dfjduted k8hop5 for iglugee cornJNmiti8s, and wlll lM#t• Ils retum to Mw)d)est8r in aummer 2025. Tr TN8tee8 al80 PTepor•d to SLW)rt the Manchetsl¢r ted Foundation'8 COMlty prograrrum kn Moss Shlo, firnt [knd off by Slr Bobby Lady Norma in 2017. Mgagkng •nd upsilng yOLngthrJ Irom ehaler¥JN¥ (x)mrNnitl8# through foolbam. ITIM8 [leCt WaB unch@d 20241. In 2024125, lh• Thmtem •l•o: rtyfr•8h the Charity'o gpproach to ftrtrabing to grw funds a¥Wae lor deVery of wr Itrqtegy. T?ensh our rese5 and to Secure thè Chadty'a finJnts•l futu.. . wntinuo lo review low eosuhlgh Impacl opKorttk)th8s to Incr$• ts profile of the Sir B¢thy Chartton Foundation, to tr# the story of Slr Bctty the hUW•nitart, and to grrm h18 legacy ol gUP[rtkn9 thoge sufferfnB fmm the effects ofwar And oJnThd', . revivw t gowrn•e ol th• thwity, and •Wore Ihe oppoirtrnI Df at 18891 one new Board rn•mb•r lo holp en8ure ihatthe BoArd ol Trustses th8 opfwwm skiN8•t to support and oversee th• ctAritybVrK. . finalm # stth 8tNG•Jre to wprnrt Ihe ddlv•ry oltho 8trat8gy. Fln•nclal Mvl It is the of th• ¢hariiy that MIrd fund8 wlK41 hawa nat destgnatgd fty a spedfic use ¥houkl be rTMintsined at a l•val 8quivat•nl to Il¥ee and 5iK lth,8 expenddwé. Tr tnth (>Jnwder that rotaves t thrj lev•1 %%411 •nsur• that. in evert of a slgnmcant drop In fvNvJlnp. th9y wrll be able to eontlr¥J• lh• tharity's current gdvttles vJhi18 (Iderat gIn trj ways in Vjhith add11hl1 mjy bè rals•d. ThLry levd off•8•1ve8 ha$ bean Thnt.d throhL the year.
THE SIR BOBBY CHARLTON FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED FOR THE YEAR ENDED 30 JUNE 2024 InvlMent Po The bosrd haa rovithbd Iftvestnt Pyjlltry xnd a p)Iw B in pla(¥, digned V+ith tho help of expert athrisor•. This18 • ¢OW4)rah8nsh polcy Crkn9 al areas Indudlng elhleai Inve8Ung and marwent of iisk. The thalr Ind board rnombers maintain over8ighl of theB• in¥eslments. Inveslmenl management ¢$ to be revRwrd knannU1Y with Ihe pjllw review annually by th¥ trustee8. A fom1 apwat8al 13 to be corKlkKted on a thme-yw b8els. In Maki suth investrn•nts, tho chArfty i••ks a fong-temi pw•cAticd) ol the portfolio. The invefylmont portrokn IB managed by HSBC Piivate Bonk •nd foltwng the appralsal of thv mawement of tt Investhwnl furKI as notsd abtsv8, th& board has de¢idgd to ¢n9•ge wlth 4nd transtr dl of the 4B8•ts from HSBC Pnvat• Bank. This ig 8 discretionary servlce 4KNng lor grv•Ah arKI Inm? with 8 ndIUM knvel of rf8k thal k approwiate for lh8 timg hoiizon and PWPJBeB afv. SBCF ensures that inve8trnent¥ are the manulcttsre of IArblmme8 Cff dusler munon8 in ar£oTdance Wblh fv SBCF irw•stm•nt pdity. Th8 board coe$ lo nile ts ImFar4 of managing Tisk lo •nabh th• charty to eonlinue to perforn at the highest level. The tru8 r4ulre 8 c¢ntlnuou2 risk register the ¥enhJr managem•nt iBqm are lo rwport ro1n&1Y to th8 trust•• m88tings. Sivuctrjrn. govwn•ncfj and m•n•g•m•nt The charfty Is a con¥)any limited by guarantee. The dwrity was kno¥xporat8d on 22 fvlarch 2011 and Is constituted under it¥ Arlidv# of A88octhm. It 18 • r•OJt•r•d ¢hailty c•rlty Nmlxr 1140911 and cJmp•ny rnThbor 07574103 Th8 trusts•8. are a190 the dlTector8 for the ol cryany w. arJ who 8•p4•d the year up to the date ol Blgnth ofthe fir•&1 8tatem•rts were.. Lady N Charltth) Mr S W Cross Klr J T Shr'e Mr R LACeril Ms J E B¥teman Exi6bThJ Iru•l80$ haw ts Fwr to 8ppoknt new trn8t. Non8 of the trtte$ haB any benefKial iterest in tho cl. Al oftho INste88 are fflembw8 oflhe Cl ATh1 guarnntee to ttntribute £1 In Ihe event of a windlng LP. Twst•• R•cruJtmpnt & Gov•rn•nc• Thé bo8rd of trwteej •Te re8ponglAe for the $trategk dtredon governance of the orgonlsallon. 0ra110n81 ¢leci8ion fmking is Lwenty dertaken by the bgard of twstees kllow9 the reSna.0n of Ihe CEO iubse4uent reatnre of the SBCF. An trustees gwe Iheii ts'm& freely and r•c•lw no renwrrall)n or financ] benefit in their capaoty as tsu8tse8. Deta$ of trustso5' exwse5 are dl8dosed In accourts. Truste•s arn quired to d¢d•r• all relwant hitsro8t8 And the ch8Ity malntAln$ • rnght•r of int¢TgBts as an Int•mal record of tru$t868' Intereats. Trsjsteeg are r•erurt•d for IndM¢JBI kr and o¥p9rti90 lo help bongfft ts obi•cliwJ8 of Iht thority. Truste05 are expected to Use their inff uence and 8$si8t in fundSTr efforts to finanaaly 5LlPPOrt the charffy. Th ale aloo pected to he¥> In falskw awarw)e6s Of tharfty'$ Support It6 advocacy offorts, Audttor In a¢eordanea the conyanY6 wtide8, a fOBo11 wopo•irvd that Se8 be rgopN¥nted as audltorofthe will PLbt at a G•n8ro1 MtetlrvJ.
THE SIR BOBBY CHARLTON FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (coKfiNUED) FOR THE YEAR ENDED 30 JUNE 2024 Dlsclo8ur• ol Inlornmllon to aud5tor Egeh of th8 tru8toe8 ha8 eAnftymed thtre fs M thifrJrTnation of wthi¢h thoy are thvare whth is ralavont to Budtt, but of thith the auititrA ts un4war•. They have futhr that lh hwe takw apwyrlale glep8 to klentlfy 5tth reant Infprmaucn gr#1 to e8tabliBh thallhe audltor18 aware of 8UL* InrmatiOn. The In16tee&' rwrt approved by th• Board Tnt MrRLAC8d TNsto• Date. ....l.l......I......
THE SIR BOBBY CHARLTON FOUNDATION STATEMENT OF TRUSTEES. RESPONSIBIUTIES FOR 7HE YEAR ENDED 30 JUNE 2024 Th• Iwstees, th aro ago the drrector¥ of The Slr 8obby Chwlton Foundalim for tho purpose of c4rpany Law, are re8pon8itrh lor prepariryJ thtr Tru8leeB' ReFOrt and Ihe financial statements in o)rd¥rKe wtth apWf¢Jle Jaw and Untte(l KI AccounlvyJ StAndard8 Kingth>rn Ggrberally Ac¢trptedAun1lrVa Praclicel. Cornpany Law req9 the Irusteeg to y•p•rn financ1 slaterth for each year whith gr¥• & truo and klr view of the state of affalr8 of the chwity and ol the irwnlng resr¢ and appHtK)n of re60ur¢e8. iludI1j the Inctyne and exp8nditure, oflhe charitable MPanY forthat year. In pfepArlnq lhe finwKial #tatwnB. th• IruBt•tt requtrad to.. - $•hcl Sultat acrAuntYu poliae8 ond then appty them constsntly: - cthtsrve thts rrth¢xI8 pri1108 In the Charft¥ SORP,. . m&kejUdger¥ts aBtknat¢5 thatare reaaonable and prn1'. . stste WhetIr •pplicabf• UK Accountlng Standard8 hove been ftAltwed, •utigd to any maWal drtUr&S disdosed and eXaIners in Ihe fina1v stat•mert8: and - prepare the Ilnand81 teMnts on thè wrvj ccm¢•m b8#1$ unless ft IJ InaFvropr lo prpsumo il)•t the cWIty 11 rxntinu• In orwation. The trusts¢s are raSF4rw for k•wThJ adwuat• a¢(nj Y•ca¥dB that ¢li¥do8e vlth rn880nabL• accuracy 81 ny fjme th• fmanc4 posllion of the and enabk them to ensure that th* finrIal stat•mwl8 C4]MY wrfh th• Compardes Arl 2¢lJ6. Thty or8 alao re$w$bble for 8awoguardkng the 08eets of the dwrity and for taklng reagoneble steps thxtho w4wnUon and dpt0cliL offraud arKI rrther irr•gularitses.
THE SIR BOBBY CHARLTON FOUNDATION INDEPENDENT AUDrroR'S REPORT TO THE TRUSTEES OF THE SIR BOBBY CHARLTON FOUNDATION Oplnlon We h9 fifid •tm8nts olTh• Sk Ch•rllon FcundatKJn (th•'thari1 tr the yeaf •Thled 30 June 2024 YANth compri&8 th? slaterfrt of firArd4 •JIvi. ths bHl8ncè short 6tatemert of ¢a8h noteB trj thts fina¥)cial statements, in¢Ing sigrlficant ax¥)unbng pollde6. The fina01 TeprtirrfJ framework th8t beon appled I1r WepwaI kn aPF4ible IAW WKI Unl•d Klnwlom Accounlw Stand¥ds. indudinj Flnar¥>al Standord 102 Tho Fthancial Ropyting statt[d appliGoblo in the UK anrl Ropubk ol Ire17d (United Kin9dom Gen•rally AcceO•d krAYn0 Pradio%). Sn our cwiyon. tk fwdal 8btrnts: gfve ¥ 8nd 18ir view of the state oftM tharttablg CANwnlg affaiT8 os at 30 JLme 2024 oflts inccmltvJ reBowcg8 aThJ opplkation of re80urceg, I01 its Inca)me and expènd1[8. forthe yrtrn have teen W¢p pr4wed in xc4rdanc• wlh Unthd Kkwdom Grn•1 Awted I£n11nll PrwJce; been wyred In a(tryda 1h lh• r•Wr¢ffnts ofts cpari•lA2O06. Pa5iB fr•r oplnlon WÈ o)nOJrA¢d our aKIit In a(oydc8 vlilh Iniemthnal Stanthrd8 M AudJtr4J IUKI IISAS (UKI} law. Our reipon8lL¥liUes und•T thDSe stdards arè fiwtheT eJesryit•d in the Autht(s Trswisitslths for th8 athytt the fv'nandal st4tom¥nts of report. arè irthpèndent ol lh8 th•rity in aCU¥d8 the othlc tgqulrèThnts thst gro relent to our audit of the finanool otst•mevis in ihe UK. irKIding the FRry8 Ethtsl Stand¥d, 8nd wo h•ve fuhllled our other eth1 ro8ponoibrfibe¥ In acKoTdance wlh requiremmis. bellov• th8t the audit wNJertce (kntain8d is •uffi¢y•nt aThl w)proprfat¢ to pwrfJ¥ • ba9 forour(yirMon. Conelu¥ions Y•lal•ig to ¢oncwn In audlung the financial 8thms, w• condud0d that the tru vRe of the kw)mg con(m baslB of actXunb"ro In Iho preparation ofth8 fin¢401 $t8t•ments18 approprfole. Based on the work hgb? prfomxd, Th hwa nL Al•ntlfigd ¥ny motertal urKthtslntles to everrtB ¢ c(rf)dlkns th41, individualsy or lleCtty, may ragt glgnfficent doubt on the ch#rlty'a abllty to ¢tInu9 as a ¢ofum frx • perw)d ofat least trwdve months fft)m then th¥ fjnanLi81 statement5 ¥r8 aulhori8od tr IUe. reyponsiitlB5 And the rnepcmslbl'btw of the truthes wNh rwed to ciAiw ar• d•xylbed In tr Tel•vant geclknB ofthil fepJrt. Othw Inform•Oon The otr infvrmatkn wnpriw the Inljrmalkn IdId in Ihe annual report fv than the finonual ststem8nts and our avJfÉorf• r•Ftht thereon. Tr trU¥te•g #re wpong¢bie for the other Information c4Jrtained wthln Ihe anrwal report. Our opnlon on the fin•ndal ststements dogs not o)vw ihe Dtr knfonnalhjn and, excw to thè •xlonl cthorwl$# extty staled in our reporL do not express any fomi of •ssuranfX 9)n¢Ion Ihprn(n. OLbr respongibility 18 lo read the dher Niforrnaticffl and, in dowvJ 80, congid8r wh•ther fv olhei InfrrnatSon Is Matarily IncDn8iSt¢nt finar181 statermnts or our knowledge oblalned In the Lwr¥o ofthe audtt. or olhorni9e 8w)earn to matert8lly #taJ. If w8 Iderffy suL rngteTiI inJnslstenole5 N apprènt mrial miBsl8tements, we we r•quired to detwminè whelher Ilia Ve• riBe to a Mat¥1 nsSltenrf In ts ffinanual sl•mErts Ilwm8elv•8. If, bgBed on Ihe wNk we h4v• perfomwd, we &L1• that there Is a material misstatement of tras oth•r 1rrfomI1on. 11 8Te requlred to rnport that faca. notNr¥J to in thiB iegwd. Op10 on othermattwB Pr•8¢TIb by th• ¢wipnl•• 2001 In ow 0. based on undwtsken th? ow audk,. the inbm)th 9fvorh in the trus*, Teport for yw for wlxth ihg fjrknwal 6tattrfients or• PT•pwed. irK5thleB th• d1rerto, r8port propored fwthe wrpow of o)rnpany Iw, h L¥JWslenl thè finar&#I 6tot•ments'. and th8 r•F indudad vhtNn th• Irtee, (•P(¥t b••n pryared In a(WrdIn gFv4cabl8 knoal I¢qUtr¢nis.
THE SIR BOBBY CHARLTON FOUNDATION INDEPENDEpif AUDITOR'S REPORT {CONTINUED) TO THE TRUSTEES OF THE SIR BOBBY CHARLTON FOUNDATION Matt•r8 on thlch w4 arn r•qulr•d lo rnportby •x¢•ptloTr In the Il¥tht of tho knc#Aadg• and urKlwgtan(SNJ of the tharv and Its envlronm8nt ot18hd kn the C£te of tr 8udl( we hwe not Idtified materfal rrd•2tmants in lh dir8¢>r¥ report In¢lwJed within thg W. have nothirwJ to rnport in rnspe¢l of the fvIIDW matter in reltition to whtch lh• C(xnwnle¥ Act 20C6 reqJJr88 u8 to roport to you If. in our opklon.. a¢kquate ac£wntsng rtwda ba W, or •thqu for our Audit have not been r•cth•d from branth•$ nol by u$: or fift21 8tstgmenls are not h) 4tywnprt vAth thE ac£%¥unting rpgjrds and r8tums'. e¢rt•ln ol trustgB' reThwneration $pecafied by law are not made.. or wo h8ve not Teceivod 811 the infonnauon ATrJ explanations we requ• frjr our 8udft: or the tnmteos were not entivod lo wepare the ancIAl statoments in oeeor(lance wlih the sm811 ¢omp8ni regirne arxl take •dv•ntsge of the Bmalj comwies. exemptlon8 in pr•parfng th• trustoes, report from thg rgwlffwmnl to prep a strote91¢ t. Il•vpon•lbllld•• of trwbt••• A8 expLqined Thnre fuly in the statement of Irust••s' rupM8ibil)tl8s. lh$ tr1¢99, who are 0180 (Ilreckrfs of t ch?rity for tho of o)mpany Iw, aro resporlIA• for Iho preparallon of Ihe sla0mt$ and for bgl $8trsfied thal th•y g¢ve a trL and fdr 1, and for 8uth intem81 as thè trustees dethrne Is ll$$ary lo enabl• Ihg Pr•n d fin¢1] 9t8tements that aro free ftom malerial mls6tatem•nt, whelh8r due to frAud or ffor. In pr•p0ring the financlal 8t8t8m•nts. the trusteas arè ftsponsibkn for as8esslw lh8 thwity's ablity trj inue a6 a going c4ncem, d+sdoslng. a6 applicable, matlerg r•l•t8d to golng eoncam And uthg fv o)Ir bAsis of #cnting Unl the tWBtees eith8T int to luidat• charitab18 COIrp or to Ce48e OWTalNJn¥, or have no r8Nkslk olt¥vnabve tsjl to do w. Audltorf¥ r•¥Frf>Tr8lblllil•s lor audll •f th• flMn¢l•l Ital Our objod¥e8 are to obtaln rea8cwbl• asgurgnce wlther Ihe Ilnaftclal Statemerts a¥ # are free frcffl matorial misBlatemonl, whether lo fraMI or error. aThJ to t5SUg an gudilorfs report that indudès our oplion. ReaBon•bb a$Wran16 a trdgh l#v#l of a38LKarTh blrt Is Mt a gLvArant•e that an a11 conduct•d In 8rdr vath ISA$ IUIQ wlll always dded a m&t•rial MI18t8 It exi818. miB8t•[ ¥Ji8e from fr8ud OT error and aTe rndered malerial rf. indNidually or in th• aggreg•. they o)ukJ r6a8rAMbtry bB •xpwod to InlluerK tha g¢onomk dedBigns of UBers kken on t1 baBr8 of Ihe9e finandal 8lalem•nl&. A further de9UiPtth of Ouf respon81trA1it is avaIlal on th• Ftnanc401 RertIng Counc4'8 1)alt . hitp•'.11 YMw.fr&ory.uklaudrtcur¢8wnJttJiklw. This de8criptton part of OuralI0¢• wporL
THE SIR BOBBY CHARLTON FOUNDATION INDEPENDENT AUDrrows REPORT (CONTINUED) TO THE TRUSTEES OF THE SIR BOBBY CHARLTON FOUNDATION Ext8nttD vthlch tho ¢on•ldornd eapabl• ol d•te¢tlng lYr•gutsrltkn. Includlry fraud 1rregul8r1l9, indudlro fr•LK1. ar• inst¥nces of MTroJnylJanr• la ¥nd reguknltDns. We dedgn wocqdurvs In Ilne vAth re8pon8lblNtlos. ouuknad axwe rKI on the Fal Councl's b•it•, to d•te¢t matsiiJl mb68taerrnnl8 in rtspectof wrngulaTe. induding frajd. Vle obtsln and updats our Lmderthndbiii ol lh• entmy. Il• •AMU8s, ILB cor¢l en¥w(rn. kOlY fulu d8v•lopmert#. indthlThJ In Telstion to the legat and rogLlatory frAmwKJrk 8ppl¢8Ue And th• tity 1$ crnip5ylng with tPMI fram&1 Bats fm thi¥ lderStandIng, w& idenyfy 4nd a¥6e48 ts rf8kB DI mtsial rni&st8temenl of t fmarrial st¥lemer15. WeT tht¢ to fraud or ettDr. deslgn and wrfom wdit procethres to r15k$. OfKI obt8kn gwldonc8 trAI is and appropriato to pro¥Sde a ba8ls for our toinK>n. This indud con$Ideron ofthe ri¥k of ad8 by th• entity thatw•rn wntrary lo ¥F4'¢•ble law8 8rxl rwAatk>nB. IrKkxlkng I1. In re•wa• to the risk of wr•9ulwMl wnd ith I&w4 and rngulAlton& I1thr fra, d procedure8 knclthawl". . Erquiry of Ma49Tt tho•• cth4rged with wv•rna actual and IIIWticn and d•lm$ as well 48 •Glug1, WKI alleged fraud,. . Reviv•Ang mSnuteB of meeAg6 of thoBe Iw98d w¥em8nce; . A380$91ng the trxtènt ol (Mp4nCB the laws r•wMKJn txYffj¢thred to fvave • dtr•ct materf81 ffeLI cfft Ihe fln8nc4AI staturts QT lh• operations of the enttty through enquy And Ingp8dknn: . R54n9 financial Statement dlsdosureB and ts511ng to 8upp)rling (1Mst10n tQ 8B8W c10&ne& Ymlh appllL4p 9tio., . P8rfom¥ng wdll owr the rffjk rf rrAnry8m8nt blas Cerde ol control•, Induding t•8Vng of ioum•l èntries othu adlua1mtt8 for approwiateELess, •valualkng thfr buthess ratlonalo of 8lgnffjcant 1ran88ctkx cwtsld• the nty)rnl urne ol bnl •nd re¥ivMng •conI9 •sbmats• hr IrKlutm ol e1 bSag. 8acaus8 of Ihe inhwent ImMalon8 ofan au(11, th•Tg l• a rith ItrAI w8 rw)t d•d wwlames, Irththg th080 lead to 8 mat•ial nNsBtst¢mont In ts faal s18temert¥ or nc¢Fcompli)ftu wlth rti0Th. This rtsk inuease6 Trnre that c41mlne• a law DT rBoulaticm18 Temoved from tho wonts and tr8n68ctKn8 tèffld In the fffi8nr#al si•1$m, aB tthu be le$$ lety lo bBc4Jme awa ol In#tance8 01 nOrcompl¢0. Th8 risk vf rK)t deteding a m•t¢riAI mi>•tsknent re.ll Irom fraud 16 higher than for onè retsung from wroF. as fraud may Inv(Av• colwlty). Igery, IrOnI1 omts$ions, miir•preserrt¥tions, or the overrlde of Intem ntr. ot ow weport Thls report M m#d• 8dety to th• mp'6 mwntl, 45 a body, In •e{Ydce vthh ¥•ction 39101 C(MTg4nlB¥ Act 2014. Our audtt work b¥8n urKlertak•n so th•t mlght ststè to th8 Comp,8 Mem1 thoie matters arp r•qulred lo qtate to them in an ¥uditoV6 repDrt arwj for nts oih8r purpose. To th• fullest èxtsnl peitted by Iw. w? do rKi a&xpt or assLThO r•sp(Thlx'lrty to anyone ¢th•r thon tl cmiany and th• c4mparf¥ member6 a¥ • bottrf, for our wk. forlhl8 r•wt, orforthe othnts tw• hav• formad. Jonath W•rd18enlor StabAoryAuthlor) for Rnd on bBhalf of Ch•rt•rèd Ac¢ouM•nt• Alrkn Hou•• 4 Grtek St stockport Ghe•hlr• SK3 8A8
11 i- !Ji'
THE SIR BOBBY CHARLTON FOUNDATION BALANCE SHEEr AS AT 30 JUNE 2024 Flxod a¥wts T3nglble Invgsbnonts 18 1,311 2,417 1.948,377 78.836 1.950,794 17 2,162 1.949.362 5,641 161,908 Caoh •1 bank and in haThl 1.951.524 167,549 Cr•dlt(v•: amouth l•11kno du• wtthln on• wr (18.6461 110.831) Net¢wr•nt 888ets 1.932.878 156,718 Total a••ot• l••• curr•nt I1)1¥ 2,011.714 2.107,512 In¢¢)m• fvndB Restried Endowment funds- dedBft#tsd 1• 10222 44.sc f,958,986 10,222 194.695 1.902,595 2,011,714 2,107,512 Tha financial 9tatemerts wwe aPWD¥•d by theTnte88 on Xl.....fW.4kn..aw r R LAC•ril Compry r•trntlon nurn1r 07f141O3 12.
THE SIR BOBBY CHARLTON FOUNDATION STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2024 2023 N•l•• Cuh Ilow frlxn ow•llNJ •¢tlvNI•s Cash abtorid by opwatlDn (238.1281 Im.464) Inv•Btlng •clhTitI ¢)IW inva8tment iransathjr Purchase of Inve9tm&nt8 Proceeds oft dlsp06al d In¥o8bments (28.7721 (580.9461 2,575.155 80.143 (1.073.828) 1,030,609 44,101 Npt n8h 9•t•d from Inv•ti •cttvltl•• 2.D25,SBO N•t ca•h ed In fln•nclng *ctlvlOo8 N•t IweM•lld•GrK••l In ca•h •nd th equfv•l•nts 1,787,454 (T7e,3ni CBsh 8TrJ Lwh e(yJv4lJrts at bOming ol year 161.908 940280 Ca•h and •h •qulv•lwts end ol ymr 1,949.362 161,908 13-
THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Accowrtlng polklo• Ttte Sir Bobby Charflon Foundobon b g privat• eompany Ilmlt•d by guaranl•tr in¢orporJtsd In Engl¥rvJ 8ThY W41•8. The T•g18twed thce is B(¥)th8 H811, Booth$ Park, Chelford Road. Knthsford, Ch•thra. M16 8GS. Unlted Kingdom 10 QueenB Stroet Place, LonO)n, EC4R IBE. prirKipal activi5 oltfkn• chu5ty can t split Into Ihr•e 8•parate 1•90$.. . Th• ffrnt i lo pro¥Tdo fDr r•gearth tho¥e whrae livB8 t4ryen AffeLed by ontinued PTe8enc¢ ol 18nthnlneB Rnd th(plom ol war {ERV4) and to di9semln4te tt fesums of SLth rege4ro. The thaiity also lUPPQrt¥ 8ducaticmal wJbYsmrw to rrfigato agwryat Ih? risk of fvrthor Injury frwi landmiM8 and ERW to the vulner8ble 8tttions of fflldad corrThinitie8. . The fjnd lo5 of Ihe tharity fo116 on humanilori¥n pw9r&rrw)Ms, aiming to of IlThe r affecled. 1.1 Acvjuntlftg ¢onv•nllon TM Inandal 8t8ternnts hav8 been prBparnd in ac¢ordarTh with the charW8 gov•nng dctumerrt. I Companw A¢t 2006 "Aceountiffj and Reporting by Chpri1S.. Slatoment of Recnnded Prad ap1¢Able to charftleB prwrfng a¢xounts in 8¢cordance 1th the Flnanc4al Rertl? Standwd applkgbt• in UK •nd of Irdand {FRS 1tr21' la$ 8mehded lor ac%>)unlkng periods commgrKI from 1 Jarwry 20181. The Ch 8 Publk B•nefft Entity a4 d•ffft¢d by FRS 102. The ffnancAal 8tm•nts 8Te Prered In At•rtln9. vtiucl) 16 the fvn(onal UKf•ncy ol fv ch. Mon•tary 8rrwnts In tr9• finanaal statements oro round•d tsj thE nlt L The financial st8iements have been pry•d Ur•T the IMitori¢•l cy41 o)nv•ntion. Th• prknp81 aCeUrj pclrye5 Adopted are set out I1¢w. 1.2 Golno conc•m At th• ol aFV0rj the finanL¥al $t8l¢rrrt thetru•tqe8 haw 8 wa01¥ wed•llon th8t CompTrY hHs adoquAts re8ou to contknu• kn opernti(¥wl exiolenc forth• foreSe•ab lutw•. the marmoement has confldence Ihal by bthkling the profile And work that the ¢h•rfty und•rtak• through publc. c4rporate. rh7tlon•l and iltsnational gurnnts, tru•ts foundaltttA tho1 obET the y•arn th? ¢hW wll be able to bLthd on ils pr&4enl adewAl• r88ourc•s. 1.3 Ch•rltabl• fund Unre8trlct•d fvrwJB are avalhibl• for at Ih (kac4t1 of th• trt•0¥ in fwlherarte ot IPr thwitable Rostrktod fijnds are to #pedk by th)ncn 8$ to lThv th6y m&y be usèd. The FWOBeJ LW of ihe mtdGled nd6 fjre 8el oui In th• rth5 to the frAnckl stabnwnts. Doslgn¥t•d ffiJnds eomprltse ld whld) have be set al th• dl•cr•kn of Ihg INslo98 for spodfjc Income Is rttognt6ed Vlfften th• thartty18 kgally enthl•d toll after any porfomwnc• h4ve bean met, tho amunts can rn•asur•d reliably. ¥nd it 18 probab that Income wll bo rn(%d. 14.
THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 30 JUNE 2024 A¢¢ounthffj pollclo• (Gonllrnwd) Cash th)nation8 are recognisod on re¢p Olhv d(Thti aye TCc4Jnod orKe Ihe h8• been )tIlld of donati¢. u0$1 a)nOne Ni•rtr ddwral ol th& amurt Incorne tax r•¢ovwat4e In rati io d(111n8 r•cel7rn1 unthr GlftJd OT deMI8 l¥ rO¢C#3nl88d athe Ilm oftha donation. Logaoes #r• r•txwls•d on T•clpt or If th? clwrity h•• been Th)ttTh8d of 8n knF4ndlng th'ltribution. th• 1)Unt Is knwi, Ar¥J racelpt l¥ •xperted. 11 tho #mount 15 Th)t knryml. th8 Wy IJ trtral8d contlng8nt a88o¢. 1.6 Exp•ndltwp Exp8nditure h rfjc¥)gnls•d once thwo 18 a le9d or oWigatiun to tranof•T econom1¢ benofft to o paty, It 18 rKobabts Ih¥t a trarsfer of OrnI¢ b1th b• Sn •etkmgnt. tho amoLWrt of the otAlgatkfft can be mi98ur•J reli1b. pendmm IB du81fjed ty acllvty. Tho c• of aLY #r• m up cl tho totsl ol dir•L ryAts aThJ ¥har8d e4xts, Induding 8pOrt cojts involved in dertakIng eath .¥. DlreGI Msts attribLrtt4• to • ling adwty are #lh)catod dKedly lo that 8¢knity. Shared $16 whtch ¢ontrbut6 Io ffVJTe Ihan orn adbity ar•J ttupport ctssts whith are nL •ttrfbutabie kn • aingle aL4ryty oo appo0d bei•en actwltie¥ on a b$ C818t with the uge of re8our. Centra £t&ff COBi8 are alloEatsd M th• baw¥ of tim• spenl aThl deprq¢lsb'on chargoB are ¥Moeat8d on the pO"on ol the a88etb u•è. Rex#Kc88 oxporhl•d Induded In ststemert0fffinpl1 8ctivies an •cuuaki b8&8. rKlU¥• ofVAT tknrn il is not r•rAMrabfe. Chartt8ble expwKlituM c¥ynwis88 Ihw cA)8t• incurTrd by thè charity in thè d8lfvMy of Its •cbwts•8 gr•1 Ser¥ b8nefid8r8. It Indudes ix)Ih (wte thal be allcKat•d dIT•l to 8rlithti•9 and th08 co4IB of Indirect ne neceory to 8w)port Ihem. G¢Jv¢M coslg Ind1 wsts 4wlt•d wNh meetr¥J conludunl 4ThJ 8lètiikYy requlr•m•rts of the tharity and th& feos and (• Ilr&•(I tothe 8tralBgK M•nogwl olthe tharfty. AU costs are ¥lEotat•d been tho oxwndlture catsg¢xi•$ In the Statement of Fln4N)dal Aclivitm {SOFAI an 4 b06iB dBsWad to reffect Iho w of the ro8our¢8. Co rel8Ung to a aclNity ¥re th&1Y wh16t others are •pportk)n8d on an approprfat• ba818. 1.6 Tanolblg flx•d •wl¥ Tan9lble 088ets arn allY m•a•ur•d at ojst and mea8La #t c1 or valuallon. n•t ot •C4j0n ond •ny ID3. Doprecim 18 recogmed so AS to wrtte off or v4uAIkn of•Beets 1086 tho¥ wdLd v•lu•¥ Ih8ir efvl live8 on the fc4cwlrKJ ba.. OMc 2N str0Sght Ilr Th• gain or loss arising on the di8Fosal ofan agsel IB d8t•mRd #B Ihe diffet8nce the w9•d$ and the ¢arrylng of the a$Bet, and i¥ r¢c4wniied in th• stal•m¢nl offmancial adTrlli¢s. 1.7 Fl¥•d at Frxed 88•et ar• knlti•lty m8awr•d at tr••n prfc• 8xduding traw(thn c4Jgts. aNI are sd)gequenlly mèaurnd al f•w vokMI at eath reportity d. Changes in f* v•hx we recognlBed kn net In>M81(l0r1JknreI fvr year. TTan8wthn costs are expenmd •$ Thicjxred. -15-
THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Accounllry wJl¢l¥• {Conllnu•dl Impalmnl offixed ••••ts Al each rèpLVting end date. the chadty I?8 tho cwrykng omourts of its tsngibte and int4nglb5e asMt8 to d•t•rftun• whethgr thwe Is any IndlL3tlon Ihat thoge 888ets hwe wll•red an InyJalrm•nl loa6. If Any Buch indtn exist8, Ihe rewverable amunt of tho a880t 18 eltlmated In order lo d8t8fmlne th8 extent of ths pwrm¢nt1058 {W arry). 1.9 Ga¥h •nd cash oqulval•nt• Cash ca8h eqUents Inc&9 cash In hand, depodt8 at call wlh ba, other ¥lKYt4wm liq4id in$1m8n1s with oriwn•l m#¢urfU95 of tbv•e mcth $. and ba overdr•fts. Bank o¥erdrafta org Bhwm IwtNn In Lvrent114bllltie8. 1.10 Fin•ncll In•lrum•nts The has eleded to appty the provljlonb of SeLtknn 11 'Ba8lc Finandal InstrLm•rrts' •tYl 12 'Olh¢r Fkmndal Instnwmnts 1sgue8' of FRS 102 to all of Hs firAnaal in8trunents. Fln•Tra41 Inslrurnérts •r• r•o)wlwJ In the cl)ariVs bal3rTh sheet when tho thrAy pwty to the c£mlracttHI ofthe Inglwment. Fin?nci¥l asset6 and li•billies arB off8rt with th• rt anx)urts ye8enled in the ftnan(xo1 Blatsments, wh there is a legolly enTDr9t1e rlght to Sot off th8 r•¢cJnl8ed 8mUrt6 Ind tlr& Is an Irrtentlon 10 16tt1e on a n•t bag1J or to 811%6 Ihe as8el Stttt th• liabity simuhAneou61y. 88C lln8ncial assets, whb kUde debtors 8nd cabh and bonk baL9nc. are Inlll?ly measured al tran88dK¥) prfce IndudlrwJ trangtion ¢o¥ts and are 6ubBequenUy carritya at amcbsad ¢ost uslng th• thciive Intsrest nRthod unless the arrangBThrynl a finawn9 tran$aclEon. whefe Ihtr IrAn5acUon is I¥ur9d at the pyesenl Val fiJture rerapts d151 gt 8 Mar rate of intére8t. Fknanc4al •BgetB da88Kd as We1val wrthln year are not ¥mortiMd. 8aslc finan¢ig1 lia1$ties. IndIng codltors arvj bgnk IDans •r¥ iritidly r•¢ognlsod al Ifansarthn ce unleBg the wangemenl con8titute¥ a finaln9 tr¥n¥aGton, vth•re the debt tTrstrurTnt is measu1 at the PTEBent volue of the fvtfft yt8 dkrycountod at a Maat rate of irknl. FThTthI mab11rfTr do55ifiod a8 pyzble wIiNn ono ar are rK>t amoTti8•d. D•bt hstrumntswe 8ub8•quently (aTriod at 8mortlsedcoJt, eff•¢w Int•rtst rat• method. Trade ¢rnditors ¥e Obli• lo pgy for go¢Jd¥ or wrvic•5 that have b8en a¢qulr8d In the ordir4ry cArne of op•ratlun6 frorn supW•r8. Anwunts payablè c1fied ag aThnl 18bllrtl8• 11 pÈym•nt 1$ thie wlhln on yew or1o5$. If no( they Wè pr¢gèrtsd as non-CUTienl HabIt¥S. Twad• ar0 rncognl¥ed al transa w and ¥&>wuently Sured at am0"¥t¢ eo8t uslw Ihe effective intsresl method. Dw•cognlUon offln1al Il•blllll•s Flnanci•l kotlllU¢s ore dorocognised the ch•rity'$ c¢ntraclual exptrn or arn dsthaTpJ or CWKtled. 1.11 Emplo b•n•fits The wt of Bry USed hdKlay entNl•m•nt Is Tec4>gnibed vi the pwloo In t4ch the employw's I¢08 8re received. 1.12 Retlrnm•nt b8n•ffts Payments to deflnod ntrIbutn rBtirement ben•fil schorn•s are ch*rged as •n exp•ns• a8 thay f811 du•. -18-
THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Accounlln9 poklg• Icontlnwdl 1.13 For•lBn •x¢hing• TrsaC1x1ft1 In ottrw lkn 8t•rtkng ar• rewdad #t the ratel of •xthany pr•vlllNJ At th• dates of the 1rnnsa(kn. At each TOPL¥tirvJ ¥rKI date, monetsry a$8ets and Iwbllllle8 that qro d•n¢Jminal•d In forelgn oJrrenoe8 •r• r¢tranated 81 th• rates Kllin0 on ts rwting eTrJ date. Galn6 and108 8riBing Dn tranlation In th• wiod are IndudBd In wofit or b88. Crl¢•l xcounllno ast1 •tyJ ludymmts In the appllealon ol tharyB Bcwjnithg FK)ItdoB. Iho Inrnteus #rn wulred to rMk• dgeffnt8. Wm•t•J and 5Lts8umptioM about amunt of 118bilrtM that ore not readlly appwnt from other sources. Tho e8tim#te8 aucdat•d auurlytths are b•8d on hi6t(Kical •xrArierv And other faolorn that afe )ndeI to h Telvvar. kntual may differtrthm th¢Be fr8Imatee. Tho è81inwt•s and ur¥JeFlyr4 are revd cffj an orfjowN 51#. to acts)U tirn gr• reD>3nl8ed in Ihe in whkh Ihe esltrr0t• Is rebyse¢J vhw¢ tho rov5Blon #ffec• onty that per, u In pen"rpA ol the r6viiion future perfodB whwo th• r•vknlon both rr•nt 8rKI fiJts• p•riods. Ther• ¥r• no ryikal 1))UntIrJ Olte3 or1Udgnl9. Don•tlon• and l•gacl•• Totsl fund knd• 2023 Dortalong and &ift8 127,452 1.058 8,846 Othw trndlng *ctlvltl•s 2023 Trndng aGtMty tncfjm• 505 17-
THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FIWANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Inv•slm•nts Unr••trlct•d UnMBtrlct•d fum IncoTh from llsled inNstmw 35.032 25.111 43,411 60.143 44,101 Cost of g•n•rnilng UnMstsfet•d Unrutricaed fund• 2024 2023 dr81gln and 27.5e6 16.702 19.810 44,288 19.810 18-
THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 30 JUNE 2024 Ch•rll•bl• xttvltl Total Tot•1 2023 24 2024 2024 Travel experw99 Legal and w0108onal fees 1,442 20,723 1,442 20.723 261 16,801 22.16S 21165 17.062 Grant I11ng of a¢thdtle8 18oe n(e 81 140,4 25.568 12.0 17B,064 237,979 Share of •UFVJt¢osts I not¢ 9) 54,449 24,200 6,050 36.3r 120.999 281.910 {8e¢ nce 9) 12,988 12.988 12.709 194,945 49,768 18,050 71,453 334,216 549,6eo Anly•lB by fiaid restrf¢tsd fvnd8 Denated fund8 $4,449 140,498 24,200 6.050 12.000 71,453 156,152 178.C*4 311.881 237,979 194,M5 49,768 18.050 71,453 334,216 549,eeo 19-
THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 30 JUNE 2024 Ch•rltsbl• xtlvltlD• (Con¢lN•d) For thg •nd•d 30 Jun• ZOZJ HWn•nlI•n Rexp•r¢h Educatlon Gwwrnl Totsl 2023 Travel expensvjs L•901 and prof•$wl fees 261 16.801 18,801 17,C62 17. Grnnt fun¢lw of aclrubtios (see fiote 81 170.574 53.014 14.391 237,979 Shw• of•uFVOrtoxts (s•9 not• 91 ShaT• ofgovem8nr* cul8 (s•e note 9} 12B.859 14,096 84.673 281.910 12.709 12,709 297.433 109,398 28.487 114.344 549.680 An•ly•i8 by fund Unrestrfded lund• D¢svJnated fur 126.859 170.574 $6,382 53,014 14,0 14,391 114.344 311.881 237,979 297,433 1QB.39S 28.487 114,344 $49.680
C411I4 QG> 111115,111
THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMEpifs (CONTINUED) FOR THE TrEAR ENDED 30 JUNE 2024 support ¢0 Support Gtr4Mnnco 2023 Go•ts staff ¢>xts L)8weci¥tbn EXaJ& Lotsea Surwb exponBes R•nl and office rthlts PoBtage and %tatknn•ry IT and teknDJmmunKatths Bank chorg06 arwj 103.132 1.107 521 6.879 3.496 103,132 1.107 521 8.679 3,498 259.730 1.1Q7 3,485 2246 5,307 183 259.736 1,107 3.485 2248 5,307 183 4.598 4,598 6.968 1.466 1,468 2.878 2,878 JAtt fe08 10,680 10,880 2.308 9.900 9,900 2.809 120,999 12.888 133.987 281,910 12.709 294.619 Charl1ab acvitles 120,999 12,988 133.987 281,910 12,709 294,619 Gov•m•rK cMl• inc4udu pyment8toth• ¥Ill0T9 of E10NO (2023 £9,900) for f••s. Durfng the YeartnXte Ttr rnlmbur1 expen totsllry £1.077 (2023 £100). Ind•d kn the finan¢Fal ltgtsments is •xpendilurt b)tslllnk £5.472 f2023 £nif) payatrAe to Batwnan. a Tw$tee of th• Charity. for c¢nsult9ncy forvlc*8 PTo4ld•J. Tr Boa ofTrusie•s r•fererK4d in their Trust••B Report on 3.
THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 11 Employ••• Numb•r ol •nploy••• The 4Ver• Monthly nwthrolenyloye•F during yew waj.. 2DZ4 Numb•i 2023 MumlJ•r Employmthit c¢)sts 2024 2023 and salaries Sodal Socty costs Ot1 nsIon coBts 92,187 9,427 1,518 230.599 23.lQ2 6,03S 103,132 259,736 The number of gmpbyeeB r8nMrnrthn w85 £e4).000 or wore.. 2024 Numhr Humr £160,tI11- £170,01 The k•y m¥nagemenl pernonnd of th• eharfty thè truBtoe• and th• CW Execthe. Th total b8n8fits ofthe key m¥4ement por8onnd ofthe dmrty W85 £NIL (2U23 £185,015). li Othar lurxls 2024 2(123 N•t1088 on disposal d t¥nolyl8 fthed 858¢ts 4.293 13 Notg•ln8lOo••MI on InTrn¥lm•nts 2023 Q•inlOo8¥1 on Sale (rf Inva8tmonts 57,485
THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 14 T•x•llon T thgry 1$ ex•rt from t&Y on lTrxm8 n0 fall V•llhin t¢¢llon 50S ofthe Tax•8Act 1988 ¢r 252 of tts Taxationof Charg•abk G$in8 Ac 1992 to the extent Ihèt theu aro apled ID tts chariteble obi8ct$. 16 T•nglbl• fixèd •¥••ts Co•t At 1 JY 2023 15,184 AI 30 June 2024 15,164 D•prnclatlon •nd Imp•Smi•nt At 1 July2023 D•pr•dotlon In lh• y 12,746 1,107 AI 30 June 2024 13,853 eArrylng •mount At 30 JLM 2024 1,311 At 30 Jth• 2023 2.417 -24.
THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMEiifs (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 10 FIX a%••t In¥•¥thwnts Ll•t•d Inv•8tronts C1 or valuallon At 1 July 2023 ditn3 Valuatlon chAna85 Olhar investment trla[On$ Dl8POS 1,948.377 500,948 94,588 28.771 12.575,155) At 30 Jun• 2024 77.525 C•nylnA •mount At 30 June 2024 77,526 At 30 June 2023 1,948.377 17 Dobto 2024 2023 Amts f•lllng du• *ilhln on• y•ar. 607 5,134 2,162 2.162 s.641 18 CY•ditorn: mwunt• lalllno duo v•ithlft on• Z024 2023 Tr•J• ¢xedknB Olh?r Lyedittirs and defeN•J inc 1,782 fjB7 16,879 10,140 18.648 10.831
THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 19 R••trlct•d fund# The Ineomo lund8 of t chity hc4ud& rwtrttsd ntt5 cThYwi8lng Ihe fdlcA¥ing balgncet of donal1c8 and grants held on tru8tfor$pecific pPe$.. ln fund• In funds Ill¢ Balan at Ineomin9 Dn¢• 11 our¥ f July 2023 rn8ow¢•¥ JO nl024 SafePlay Fund Synan Refi 9,222 1,000 1.000 10.222 10,222 20 IY••lgnatsd fundB Th? fvnds ol the dlarity Indude th• lI0vIrg fund8 wN¢h wI been sot a4ldo Olrt of unre31rirAed furh18 by the tru51eeB fDf 5pedfjc Pu058s.. . Hurn•nHarknn and Pre¢th supporting both the Immadth hum8nlthri•n neod8 of thoye eAught up In Ixwrenl i>)nlllcle and tho longer.tsrn eIpITtt Cleng# ofpaople Ilthg legacy olpait wars. Eduutlon and Tr•lnlTrg Through ow corfKt r•L¥very ntre¥ and erShipS. The Slr Bobby Charfton Found¥'on off•rn voratIol 8mall tsJ¥ines8 trainlng for people r•)nfiic-affd COmUfMti08 have a disability and fortlbx• poY•rty. . lreh lTrnov•tlon upwt Innovati re8earth into both ndic41 ¥rKI 18th10109icel •olutluns that gB81sl the phy8k¥l Ind psychoK¥l reh4bllttatk)n ol vAr e1kn8 tyd th• Eltrar4n¢e of kndmln•8 uwplod¥d ordranc. Th• ld atyearend i• £44.5, tlws18 olthe bw.' LS Lu*4ry p80n9 tow- £8.000 Shakhtar Foundat. £12,508 stre Reth. £24.1)00 -26-
THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 22 R•lthd party tran••ctlo The onty r•ld party Irwwxlh)rn to tranMGLTh llh Tn•tegB. thue tll8fAtsd rm r•)ts 10 ol the50 ncIal $18tem•)t8. 23 C•Jh g•nerntrd from op•rnlion• 2023 ffdt forth• year 195,798) 1465.332) uBtm¥nts for.. Imjtmenl Iome reLwIM••d in Slaternt Dflknandal 8¢AIkns (GainoSts on dyosal oftangible fi1 asuets Galn on of knvestm8nts Depr•ciotKm and ImpAm•nt oftsryjllle fflxod assets (80.143) (44,1011 4.203 IS7.485} 1,107 4A86) 1,107 Mo*morts in wtyking •.' DfftaBe In dobtor8 3,479 7.815 55.824 1273.7601 Ca•h •bgorb•il ty op•10 38.1261 (779,4541 24 Analy•l• of th8•8 In n•tfiwMI The had no debt d(g ye•r. .28-