##
||||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|
||||31.5.22||31.5.21||
|---|---|---|---|---|---|---|
|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|
##
##
##
##