2022-05-31-accounts - Aston Villa Foundation

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			Page
Chairman's Report
Report ofthe Trustees		2	to	9
Report ofthe Independent	Auditors	10	to	12
Statement ofFinancial Activities			13
Balance Sheet		14	to	15
Cash Flow Statement			16
Notes to the Cash Flow Statement			17
Notes to the Financial Statements		18	to	33

						31.5.22	31.5.21
					Restricted	Total	Total
				Unrestricted	funds	funds	funds
			Notes	8	f.	8
INCOME AND ENDOWMENTS		FROM
Donations and legacies				169,093		169,092	159,192
Charitable activities
Other charitable activities				1,410,285	802,086	2,212,371	1,399,186
Total				1,579,378	802,085	2,381,463	1,558,378
EXPENDITURE ON
Raising funds			5	30,257		30,257	30,234
Charitable activities			6
Other charitable activities				1,128,499	728,794	1,857,293	1,475,621
Total				1,158,756	728,794	1,887,550	1,505,855
NET INCOME				420,622	73,291	493,913	52,523
RECONCILIATION	OF FUNDS
Total funds brought forward				707,968	516,009	1,223,977	1,171,454
TOTAL FUNDS CARRIED FORWARD				1,128,590	589,300	1,717,890	1,223,977

					31.5.22	31.5.21
				Restricted	Total	Total
			Unrestricted	funds	funds	funds
		Notes	f			8
FIXEDASSETS
Tangible assets		11				10,640
Investments		12				I
						10,641
CURRENT ASSETS
Debtors		13	170,751	3,365	174,116	93,255
Cash at bank		14	1,099,458	585,934	1,685,392	1,206,105
			1,270,209	589,299	1,859,508	1,299,360
CREDITORS
Amounts falling due within one year		15	(141,620)		(141,620)	(86,024)
NET CURRENT ASSETS			1,128,589	589,299	1,717,888	1,213,336
TOTAL ASSETSLESSCURRENT
LIABILITIES			1,128,590	589,300	1,717,890	1,223,977
NET ASSETS			1,128,590	589,300	1,717,890	1,223,977
FUNDS		17
Unrestricted funds					1,128,590	707,968
Restricted funds:
Kicks Project					141,159	164,342
PL4S Income						2,412
Primary Stars					41,226	100,147
Other					20,714	15,705
Disability Sports					23,505	11,246
Kicks Plus					114,851	104,346
TearnWork					145,380	83,285
Neighbourhood	Engagement				20,510	2,970
Villa Vision					34,074	31,556
Active Through	Football				47,881
					589,300	516,009
TOTALFUNDS					1,717,890	1,223,977

					31.5.22	31.5.21
				Notes
Cash flows from operating	activities
Cash generated from operations					378,589	118,362
Net cash provided by operating		activities			378,589	118,362
Cash flows from iiuaacing	activities
New loans in year					87,925
Loan repayments in year						(176,150)
Net cash provided by/(used	in)	financing		activities	87,925	(176,150)
Change in cash and cash equivalents			in
the reporting period					466,514	(57,788)
Cash and cash equivalents	at	the
beginning ofthe reporting	period			2	1,149,782	1,207,570
Cash and cash equivalents	at	the end	of
the reporting period					1,616,296	1,149,782

RECONCILIATION	RECONCILIATION	OFNET INCOME TO	OFNET INCOME TO	NET CASH FLOW FROM	NET CASH FLOW FROM	OPERATING ACTIVITIES	OPERATING ACTIVITIES
						31.5.22	31.5.21
							f
Net income for the	reporting		period (as per the Statement ofFinancial
Activities)						493,913	52,523
Adjustments for:
Depreciation charges						10,639	10,640
(Increase)/decrease	in	debtors				(112,356)	29,637
(Decrease)/increase	in	creditors				(13,607)	25,562
Net cash provided	by	operations				378,589	118,362
ANALYSIS OF CASH AND			CASH EQUIVALENTS
						31.5.22	31.5.21
Notice deposits (less than 3 months)						1,685,392	1,206,105
Overdrags included	in	bank loans and overdragts		falling due within	one year	(69,096)	(56,323)
Total cash and cash	equivalents					1,616,296	1,149,782
ANALYSIS OF CHANGES IN NET FUNDS

ANALYSIS OF CHANGES IN NET F	UNDS
	At 1.6.21	Cash flow	At 31.5.22
Net cash
Cash at bank	1,206,105	479,287	1,685,392
Bank overdratts	(56,323)	(12,773)	(69,096)
	1,149,782	466,514	1,616,296
Total	1,149,782	466,514	1,616,296

3.	DONATIONS	DONATIONS	AND LEGACIES	AND LEGACIES	AND LEGACIES	AND LEGACIES
									31.5.22	318.21
						Unrestricted		Restricted	Total	Total
							funds	funds	funds	funds
							f		f
	Donations						169,093	(I)	169,092	159,192
4.	INCOME FROM			CHARITABLE ACTIVITIES
									31.5.22	31.5.21
									Other
									charitable	Total
									activities	activities
									f	f
	Income	from fundraising							2,212,371	1,399,186
5.	RAISING FUNDS
	Raising	donations		and	legacies
									31.5.22	31.5.21
						linrestricted		Restricted	Total	Total
							funds	funds	funds	funds
									f	f
	Statfcosts						30,257		30,257	30,234
6.	CHARITABLE		ACTIVITIES COSTS
										Direct
										Costsf
	Other charitable		activities							1,857,293
7.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)				is	stated atter charging/(crediting):
									31.522	31.5.21
	Depreciation - owned assets								10,639	10,640
	Payments	to external		auditors		in respect ofaudit services			4,550	4,250
	Payment	to external		auditors		in respect ofaccountancy	services		800	750

STAF	F COSTS
		31.5.22	31.5.21
Wages	and salaries	1,353,603	1,145,377
Social	security costs	110,261	94,722
Other	pension costs	65,929	57,903
		1,529,793	1,298,002


Administration	and management		8	9
Provision of	charitable	services	62	55
			70	64

The num	ber ofemployees whose employee benefit	s (excluding employer pension costs) ex	ceede	d f60,000	wa
		31.5.22		31.5.21
f80,001	- f90,000		1		1

				Restricted	Total
			Unrestricted	funds	funds
			f	8
	INCOME AND ENDOWMENTS FROM
	Donations and legacies		159,189	3	159,192
	Charitable activities
	Other charitable activities		729,406	669,780	1,399,186
	Total		888,595	669,783	1,558,378
	EXPENDITURE ON
	Raising funds		30,234		30,234
	Charitable activities
	Other charitable activities		770,296	705,325	1,475,621
	Total		800,530	705,325	1,505,855
	NET INCOME/(EXPENDITURE)		88,065	(35,542)	52,523
	RECONCILIATION	OF FUNDS
	Total funds brought forward		619,900	551,554	1,171,454
	TOTAL FUNDS CARRIED FORWARD		707,965	516,012	1,223,977
11.	TANGIBLE FIXEDASSETS
					Motor
					vehicles
					8
	COST
	At 1 June 2021 and 31	May 2022			31,920
	DEPRECIATION
	At 1 June 2021				21,280
	Charge for year				10,639
	At 31May 2022				31,919
	NET BOOKVALUE
	At 31 May 2022
	At 31 May 2021				10,640

Aston Villa Social Enterprises CIC	Aston Villa Social Enterprises CIC
Registered oBice:Aston Villa Football Club Pic, Trinity		Road, Binningharn,	B66HE.
Nature ofbusiness: The organisation	oflocal community	projects
	e/o
Class ofshare	holding
Ordinary	100
			31.5.22	31.5.21
Aggregate capital and reserves			1,522	1,575
Loss for the year			(53)	(44)

DEBTO	RS:AMOUNTS FALLING DUE WITHIN ONE	YEAR
		31.5.22	31.5.21
		g	f
Trade debtors		169,253	61,760
Amounts	owed by group undertakings		31,495
Prepayments		4,863
		174,116	93,255

CASH AT BAN	K AND	IN HAND
						Social
			General	Community		Enterprise
			fund	Income	Villa Lotto	Academy
			8	8	8	8
Bank account no.	1		72,523	334,264	82,222	17,528
Total			72,523	334,264	82,222	17,528
			Premier
			League	Supporting		Education &
			Girls	Our Own	Other	Learning
			8
Bank account no.	1		2,775	174,494	34,072	94,869
Total			2,775	174,494	34,072	94,869
		Football &		School		Kicks
		Education	Inclusion	Sports	Chances	Project
				8		8
Bank account no.	1	170,376	891	87,715	27,729	141,159
Total		170,376	891	87,715	27,729	141,159
		Primary		Disability
		Stars 8	Other f	Sports 8	Kicks Plus 8	TeamWork 8
Bank account no.	1	41,226	20,714	22,765	112,226	145,380
Total		41,226	20,714	22,765	112,226	145,3$0
					31.5.22	31.5.21
				Active
		Neighbourhood	Villa	Through	Total	Total
		Engagement	Vision	Football	funds	funds
				8	8
Bank account no.	1	20,510	34,073	47,$81	1,685,392	1,206,105
Total		20,510	34,073	47,881	1,685,392	1,206,105

CREDI	TORS: AMOUNT	S FALLING DUE WITHIN ONE YE	AR
			31.5.22	31.5.21
Bank loans and overdraits		(see note 16)	69,096	56,323
Trade creditors				(4,569)
Amounts	owed to group undertakings		56,430
Accrued	expenses		16,094	34,270
			141,620	86,024
LOANS
An analysis ofthe maturity		ofloans is given below:
			31.5.22	31.5.21
				f
Amounts	falling due within	one year on dernandr
Bank overdraits			69,096	56,323

				Net
				movement	At
			At 1.6.21	in funds	31.5.22
Unrestricted funds
Community income			258,669	77,093	335,762
Villa Lotto			82,222		82,222
Social Enterprise		Academy	17,528		17,528
Premier League		Girls	2,775		2,775
Supporting Our	Own		141,224	94,081	235,305
Other			34,072		34,072
Education &Learning			45,975	66,449	112,424
Football dc Education			93,612	99,164	192,776
Health &Wellbeing			35,153	(62,893)	(27,740)
Football in the Community			(54,091)	13,700	(40,391)
Inclusion			37	854	891
School Sports			53,024	102,213	155,237
Chances			(2,232)	29,961	27,729
			707,968	420,622	1,128,590
Restricted funds
Kicks Project			164,342	(23,183)	141,159
PL4S Income			2,412	(2,412)
Primary Stars			100,147	(58,921)	41,226
Other			15,705	5,009	20,714
Disability Sports			11,246	12,259	23,505
Kicks Plus			104,346	10,505	114,851
TeamWork			83,285	62,095	145,380
Neighbourhood	Engagament		2,970	17,540	20,510
Villa Vision			31,556	2,518	34,074
Active Through	Football			47,881	47,881
			516,009	73,291	589,300
TOTAL FUNDS			1,223,977	493,913	1,717,890

		Incoming	Resources	Movement
		resources	expended	in funds
		8	8	8
Unrestricted funds
Community Income		230,300	(153,207)	77,093
Supporting Our	Own	281,294	(187,213)	94,081
Education 6k Learning		230,761	(164,312)	66,449
Football dc Education		218,963	(119,799)	99,164
Health tk Wellbeing		30,871	(93,764)	(62,893)
Football in the Community		221,736	(208,036)	13,700
Inclusion		6,000	(5,146)	854
School Sports		269,955	(167,742)	102,213
Chances		89,498	(59,537)	29,961
		1,579,378	(1,158,756)	420,622
Restricted funds
Kicks Project		202,101	(225,284)	(23,183)
PL4S Income			(2,412)	(2,412)
Primary Stars		102,290	(161,211)	(58,921)
Other		3,160	1,849	5,009
Disability Sports		30,628	(18,369)	12,259
Kicks Plus		177,155	(166,650)	10,505
TeamWork		129,395	(67,300)	62,095
Neighbourhood	Engagement	30,993	(13,453)	17,540
Villa Vision		77,593	(75,075)	2,518
Active Through	Football	48,770	(889)	47,881
		802,085	(728,794)	73,291
TOTAL FUNDS		2,381,463	(1,887,550)	493,913

			Net
			movement	At
		At 1.6.20	in funds	31.5.21
		8
Unrestricted funds
Community Income		239,623	19,046	258,669
Villa Lotto		$2,222		82,222
Social Enterprise	Academy	17,528		17,528
Premier League	Girls	2,775		2,775
Supporting Our	Own	89,376	51,$48	141,224
Other		34,072		34,072
Education tk Learning		57,730	(11,755)	45,975
Football gt Education		42,119	51,493	93,612
Health tk Wellbeing		30,092	5,061	35,153
Football in the Community		10,870	(64,961)	(54,091)
Inclusion		124	(87)	37
School Sports		13,369	39,655	53,024
Chances			(2,232)	(2,232)
		619,900	88,068	707,968
Restricted funds
Kicks Project		173,011	(8,669)	164,342
PL4S Income		12,357	(9,945)	2,412
Primary Stars		147,368	(47,221)	100,147
Other			15,705	15,705
Disability Sports		50,947	(39,701)	11,246
Kicks Plus		36,943	67,403	104,346
TeamWork		112,975	(29,690)	83,285
Neighbourhood Engagement		4,523	(1,553)	2,970
Villa Vision		13,430	1$,126	31,556
		551,554	(35,545)	516,009
TOTAL FUNDS		1,171,454	52,523	1,223,977

		Incoming	Resources	Movement
		resources	expended	in funds
		8
Unrestricted	funds
Community Income		240,002	(220,956)	19,046
Supporting Our Own		169,087	(117,239)	51,848
Education &Learning		22,426	(34,181)	(11,755)
Football &Education		184,600	(133,107)	51,493
Health &Wellbeing		23,674	(18,613)	5,061
Football in the	Community	72,192	(137,153)	(64,961)
Inclusion		7,499	(7,586)	(87)
School Sports		169,115	(129,460)	39,655
Chances			(2,232)	(2,232)
		888,595	(800,527)	88,068
Restricted funds
Kicks Project		202,236	(210,905)	(8,669)
PL4S Income			(9,945)	(9,945)
Primary Stars		100,001	(147,222)	(47,221)
Other		20,677	(4,972)	15,705
Disability Sports		9,626	(49,327)	(39,701)
Kicks Plus		146,286	(78,883)	67,403
TeamWork		52,475	(82,165)	(29,690)
Neighbourhood	Engagement	36,564	(38,117)	U 553)
Villa Vision		101,918	(83,792)	18,126
		669,783	(705,328)	(35,545)
TOTAL FUNDS		1,558,378	(1,505,855)	52,523

					Net
					movement	At
				At 1.6.28	in funds	31.5.22
					f
Unrestricted	funds
Community Income				239,623	96,139	335,762
Villa Lotto				82,222		82,222
Social Enterprise			Academy	17,528		17,528
Premier League			Girls	2,775		2,775
Supporting Our		Own		89,376	145,929	235,305
Other				34,072		34,072
Education &Learning				57,730	54,694	112,424
Football &Education				42,119	150,657	192,776
Health &Wellbeing				30,092	(57,832)	(27,740)
Football in the	Community			10,870	(51,261)	(40,391)
Inclusion				124	767	891
School Sports				13,369	141,868	155,237
Chances					27,729	27,729
				619,900	508,690	1,128,590
Restricted funds
Kicks Project				173,011	(31,852)	141,159
PL4S Income				12,357	(12,357)
Primary Stars				147,368	(106,142)	41,226
Other					20,714	20,714
Disability Sports				50,947	(27,442)	23,505
Kicks Plus				36,943	77,908	114,851
TeamWork				112,975	32,405	145,380
Neighbourhood		Engagement		4,523	15,987	20,510
Villa Vision				13,430	20,644	34,074
Active Through		Football			47,881	47,881
				551,554	37,746	589,300
TOTAL FUNDS				1,171,454	546,436	1,717,890

			Incoming	Resources	Movement
			resources	expended	in funds
				8	8
Unrestricted	funds
Community income			470,302	(374,163)	96,139
Supporting Our		Own	450,381	(304,452)	145,929
Education &Learning			253,187	(198,493)	54,694
Football &Education			403,563	(252,906)	150,657
Health &Wellbeing			54,545	(112,377)	(57,832)
Football in the	Community		293,928	(345,189)	(51,26 1)
Inclusion			13,499	(12,732)	767
School Sports			439,070	(297,202)	141,868
Chances			89,498	(61,769)	27,729
			2,467,973	(1,959,283)	508,690
Restricted funds
Kicks Project			404,337	(436,189)	(31,852)
PL4S income				(12,357)	(12,357)
Primary Stars			202,291	(308,433)	(106,142)
Other			23,837	(3,123)	20,714
Disability Sports			40,254	(67,696)	(27,442)
Kicks Plus			323,441	(245,533)	77,908
TeamWork			181,870	(149,465)	32,405
Neighbourhood		Engagement	67,557	(51,570)	15,987
Villa Vision			179,511	(158,867)	20,644
Active Through		Football	48,770	(889)	47,881
			1,471,868	(1,434,122)	37,746
TOTAL FUNDS			3,939,841	(3,393,405)	546,436