2023-05-31-accounts - Aston Villa Foundation

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		Page
Report ofthe Trustees	1	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
Detailed Statement ofFinancial Activities		34

Trustees
A Colville
PV Pattni
RPavlou
CM CPurslow (resigned 12.6.23)
TPJordan (resigned 25.8.22)
P Tyrrell
N Llbbetson	(resigned 31.7.23)
KSKenth
VH Wilkes (appointed 25.8.22)
BHatton (appointed 7.11.23)
RStevens (appointed 7.11.23)
Auditors
Blackthorns
Chartered Accountants
and Registered	Auditors
Admiral House
Water front East
Brierley Hill
West Midlands
DYS 1XG
Bankers
HSBCBank pic
168Warstone	Lane
Birmingham
Bl8 6NP
TRUSTEES
The following	trustees have held office during the year and up to the date ofthis report:
C M CPurslow
A Colville
PVPattni
RPavlou
N LIbbetson
TPJordan
KSKenth
P Tyrrell

					31.5.23	31.5.22
				Restricted	Total	Total
		Notes	Unrestricted f	funds	funds	fuadsf
INCOME AND ENDOWMENTS FROM
Donations and legacies		3	141,697		141,696	169,091
Charitable activities		4
Other charitable activities			1,581,287	978,130	2,559,417	2,212,371
Total			1,722,984	978,129	2,701,113	2,381,462
EXPENDITURE ON
Raising funds			34,415		34,415	30,257
Charitable activities
Other charitable activities			1,591,407	821,344	2,412,751	1,857,291
Total			1,625,822	821,344	2,447,166	1,887,548
NET INCOME			97,162	156,785	253,947	493,914
RECONCILIATION	OF FUNDS
Total funds brought forward			1,085,956	631,935	1,717,891	1,223,977
TOTAL FUNDS CARRIED FORWARD			1,183,118	788,720	1,971,838	1,717,891

						31.5.23	31.5.22
					Restricted	Total	Total
				Unrestricted	funds	funds	funds
			Notes	f		f
FIXEDASSETS
Tangible assets			11
Investments			12
CURRENT ASSETS
Debtors			13	155,430	6,015	161,445	174,116
Cash at bank			14	1,221,789	871,969	2,093,758	1,692,111
				1,377,219	877,984	2,255,203	1,866,227
CREDITORS
Amounts falling	due	within one year	15	(194,102)	(89,265)	(283,367)	(148,338)
hlKT CURRENT ASSETS				1,183,117	788,719	1,971,836	1,717,889
TOTAL ASSETSLESSCURRENT
LIABILITIES				1,183,118	788,720	1,971,838	1,717,891
NET ASSETS				1,183,118	788,720	1,971,838	1,717,891
FUNDS			17
Unrestricted funds						1,183,118	1,085,956
Restricted funds:
Kicks Project						144,644	125,405
Primary Stars						66,564	54,873
Other						81,714	20,714
Disability Sports						26,451	26,451
Kicks Plus						87,965	124,816
TeamWork						176,809	151,467
Football In The	Community					32,323	32,323
Neighbourhood	Engagement					34,941	22,425
Villa Vision						34,305	30,198
School Sports						(4,618)	(4,618)
Active Through	Football					92,968	47,881
Youth Endowment		Fund				59,594
Inspires						26,868
Children ln Need						14,038
Health &Wellbeing						(85,846)
						788,720	631,935
TOTAL FUNDS						1,971,838	1,717,891

					31.5.23	31.5.22
				Notes	8
Cash flows from operating	activities
Cash generated tiom operations					247,327	378,589
Net cash provided by operating		activities			247,327	378,589
Cash flows from financing	activities
New loans in year					67,528	87,925
Net cash provided by financing		activities			67,528	87,925
Change in cash and cash equivalents			in
tbe reporting period					314,855	466,514
Cash and cash equivalents	at	the
beginning ofthe reporting	period			2	1,616,296	1,149,782
Cash and cash equivalents	at	the end	of
the reporting period					1,931,151	1,616,296

RECONCILIATION OFNET INCOME TO	RECONCILIATION OFNET INCOME TO	RECONCILIATION OFNET INCOME TO	RECONCILIATION OFNET INCOME TO	NET CASH FLOW FROM	OPERATING ACTIVITIES	OPERATING ACTIVITIES
					31.5.23	31.5.22
					8	8
Net income for the		reporting	period (as per the Statement ofFinancial
Activities)					253,947	493,914
Adjustments for:
Depreciation charges						10,639
Decrease/(increase)		in debtors			12,671	(112,356)
Decrease in creditors					(19,291)	(13,608)
Net cash provided	by operations				247,327	378,589
ANALYSIS OF CASH AND			CASH EQUIVALENTS
					31.5.23	31.5.22
Notice deposits (less		than 3 months)			2,093,758	1,692,111
Overdraiis included		in bank loans and overdrafls		falling due within one year	(162,607)	(75,815)
Total cash and cash	equivalents				1,931,151	1,616,296

	At 1.6.22 f	Cash flow	At 31.5.23
Net cash
Cash at bank	1,692,111	401,647	2,093,758
Bank overdraits	(75,815)	(86,792)	(162,607)
	1,616,296	314,855	1,931,151
Total	1,616,296	314,855	1,931,151

3.	DONATIONS	AND LEGACIES	AND LEGACIES	AND LEGACIES	AND LEGACIES
								31.5.23	31.5.22
					Unrestrktcd		Restricted	Total	Total
						funds	funds	funds	funds
						g
	Donations					141,697	(1)	141,696	169,091
4.	INCOME FROM		CHARITABLE ACTIVITIES
								31.543	31.5.22
								Other
								charitable	Total
								activities	activities
	Income I'rom fundraising							2,559,417	2,212,371
5.	RAISING FUNDS
	Raising donations		and	legacies
								31.5.23	31.5.22
					Unrestricted		Restricted	Total	Total
						funds	fuuds	funds	funds
						g	5	6	K
	Staffcosts					34,415		34,415	30,257
6.	CHARITABLE	ACTIVITIES COSTS
									Direct
									Costs
									K
	Other charitable	activities							2,412,751
7.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)			is	stated after charging/(crediting):
								31.5.23	31.5.22
									g
	Depreciation - owned assets								10,639
	Payments to external		auditors		in respect ofaudit services			5,340	4,900
	Payment to external		auditors		in respect ofaccountancy	services		900	860

	31.5.23	31.5.22
		f
Wages and salaries	1,765,803	1,353,603
Social security costs	167,508	110,261
Other pension costs	81,704	65,929
	2,015,015	1,298,002


Administration	and management		11	8
Provision ofcharitable		services	69	62
			80	70

The num	be	r ofemployees whose employee benefits	(excluding employer pension costs) ex	ceede	d $60,000w	as:
			31.5.23		31.5.22
560,001	-	870,000		I		0
580,001	-	$90,000		0		I
690,001	-	5100,000		1		0

				Restricted	Total
			Unrestricted	funds	funds
			8
	INCOME AND ENDOWMENTS FROM
	Donations and legacies		169,094	(3)	169,091
	Charitable activities
	Other charitable activities		1,410,285	802,086	2,212,371
	Total		1,579,379	802,083	2,381,462
	EXPENDITURE ON
	Raising I'unde		30,257		30,257
	Charitable activities
	Other charitable activities		1,171,132	686,159	1,857,291
	Total		1,201,389	686,159	1,8$7,548
	NET INCOME		377,990	115,924	493,914
	RECONCILIATION	OF FUNDS
	Total funds brought forward		707,968	516,009	1,223,977
	TOTAL FUNDS CARRIED FORWARD		1,085,958	631,933	1,717,$91
11.	TANGIBLE FJXEDASSETS
					Motor
					vehicles
	COST
	At I June 2022 and 31May 2023				31,920
	DEPRECIATION
	At 1 June 2022 and 31May 2023				31,919
	NET BOOKVALUE
	At 31 May 2023
	At 31 May 2022

Aston Villa Social Enterprises CIC	Aston Villa Social Enterprises CIC	Aston Villa Social Enterprises CIC
Registered otlice: Aston Villa Football Club Pic, Trinity Road, Birmingham,			B66HE.
Nature ofbusiness: The organisation	oflocal community	projects
	D/
Class ofshare	holding
Ordinary		100
			31.5.23	31.5.22
Aggregate capital and reserves			1,503	1,522
Loss for the year			(19)	(53)

DEBTORS:AMOUNTS FALLING DUE WIT	HIN ONE YEAR
	31.5.23	31.5.22
		f
Trade debtors	161.445	169,253
Prepayments		4,863
	161,445	174,116

CASH AT BANK AND	IN HAND
				Social	Premier
	Geaeral	Community		Eaterprise	League
	fuad f	Income f	Villa Lotto	Academy f	Girls
Bank account no. I	123,958	190,504	82,222	17328	2,775
Total	123,958	190,504	82,222	17,528	2,775
	Supporting		Education &	Football &	Health &
	Our Own	Other	Learning f	Education	Wellbeing f
Bank account no. 1	228,141	34,072	87,707	198,048	50,153
Total	228,141	34,072	87,707	198,048	50,153
		School		NCS	Kicks plus
	Inclusioa f	Sports f	Chances f	Holidays f	unrestricted
Bank account no. 1	891	88,898	38,404	21,694	56,794
Total	891	88,898	38,404	21,694	56,794
	Kicks	Primary		Disability
	Project	Stars f	Other f	Sports f	Kicks Plus f
Bank account no. 1	144,644	66,564	81,714	26,451	82,450
Total	144,644	66,564	81,714	26,451	82,450
		Football In			Active
		TheNeigbbourhood		Villa	Through
	TeamWork f	Community	Engagement	Vision	Foetball
Bank account no. I	176,809	32,323	34,941	33,805	92.968
Total	176,809	32,323	34,941	33,805	92,968
				31.523	31.5.22
	Youth
	Endowment		Children In	Total	Total
	Fund	Inspires f	Needf	funds f	funds
Bank account no. I	59,594	25,668	14,038	2,093,758	1,692,1 1I
Total	59,594	25,668	14,038	2,093,758	1,692,111

			31.523	31.5.22
Bank loans and overdratts		(see note 16)	162,607	75,815
Trade creditors			1	(1)
Amounts	owed to group undertakings		123,958	56,430
Accrued	expenses		(3,199)	16,094
			283,367	148,338

An analysis ofthe maturity ofloans is given below:
	31.5.23	31.5.22
Amounts falling due within one year on demand:
Bank overdraits	162,607	75,815

			Net
			movement	At
		At 1.6.22 f	in funds f.	31.5.23 f
Unrestricted funds
Community Income		296,899	(115,274)	181,625
Villa Lotto		82,222		82,222
Social Enterprise Academy		17,528		17,528
Premier League Girls		2,775		2,775
Supporting Our Own		234,062	(4,088)	229,974
Other		34,072		34,072
Educadon &Learning		138,628	(31,272)	107,356
Football &Education		164,291	33,757	198,048
Health &Wellbeing		(29,841)	79,994	50,153
Football in the Community		(40,391)	34,389	(6,002)
Inclusion		891		891
School Sports		155,237	15,238	170,475
Chances		29,583	8,821	38,404
Further education			2,233	2.233
NCS Holidays			21,694	21,694
BTDisability Sports			(5,124)	(5,124)
Kicks plus unrestricted			56,794	56,794
		1,085,956	97,162	1,183,118
Restricted funds
Kicks Project		125,405	19,239	144,644
Primary Stars		54,873	11,691	66,564
Other		20,714	61,000	81,714
Disability Sports		26,451		26,451
Kicks Plus		124,816	(36,851)	87,965
TeamWork		151,467	25,342	176,809
Football In The Community		32,323		32,323
Neighbourhood Engagement		22,425	12,516	34,941
Villa Vision		30,198	4,107	34,305
School Sports		(4,618)		(4,618)
Active Through Football		47,881	45,0$7	92,968
Youth Endowment	Fund		59,594	59,594
Inspires			26,86$	26,$68
Children In Need			14,038	14,038
Health &Wellbeing			(85,846)	(85,846)
		631,935	156,785	788,720
TOTAL FUNDS		1,717,891	253,947	1,971,838

	Incoming	Resources	Mavement
	resources	expended f	in funds f.
Unrestricted funds
Community Income	238,700	(353,974)	(115,274)
Supporting Our Own Education 8.Learning	182,091 97,591	(186,179) (128,863)	(4,088) (31,272)
Football &Education	248,374	(214,617)	33,757
Health &Wellbeing	75,161	4,833	79,994
Football in the Community	272,002	(237,613)	34,389
School Sports	309,799	(294,561)	15,238
Chances	55,000	(46,179)	8,821
Further education	61,251	(59,018)	2,233
NCS Holidays	98,490	(76,796)	21,694
BTDisability Sports	27,730	(32,854)	(5,124)
Kicks plus unrestricted	56,794		56,794
	1,722,983	(1,625,821)	97,162
Restricted funds
Kicks Project	249,999	(230,760)	19,239
Primary Stars	150,147	(138,456)	11,691
Other	61,000		61,000
Kicks Plus	41,725	(78,576)	(36,851)
TeamWork	101,324	(75,982)	25,342
Neighbourhood Engagement	28,410	(15,894)	12,516
Villa Vision	78,212	(74,105)	4,107
Active Through Football	112,593	(67,506)	45,087
Youth Endowment Fund	62,500	(2,906)	59,594
Inspires	50,000	(23,132)	26,868
Children In Need	33,020	(18,982)	14,038
Health &Wellbeing	9,200	(95,046)	(85,846)
	978,130	(821,345)	156,785
TOTAL FUNDS	2,701,113	(2,447,166)	253,947

				Net
				movement	At
			At 1.6.21	in funds	31.5.22
			8	8
Unrestricted funds
Community Income			258,669	38,230	296,899
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	92,838	234,062
Other			34,072		34,072
Education df:Learning			45,975	92,653	138,628
Football tk Education			93,612	70,679	164,291
Health gt Wellbeing			35,153	(64,994)	(29,841)
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)	31,815	29,583
			707,968	377,988	1,085,956
Restricted funds
Kicks Project			164,342	(38,937)	125,405
PL4S Income			2,412	(2,412)
Primary Stars			100,147	(45,274)	54,873
Other			15,705	5,009	20,714
Disability Sports			11,246	15,205	26,451
Kicks Plus			104,346	20,470	124,816
TeamWork			83,285	68,182	151,467
Football In The	Community			32,323	32,323
Neighbourhood	Engagement		2,970	19,455	22,425
Villa Vision			31,556	(I 358)	30,198
School Sports				(4,6I 8)	(4,618)
Active Through	Football			47,881	47,881
			516,009	115,926	631,935
TOTALFUNDS			1,223,977	493,914	1,717,891

	Incoming	Resources	Movement
	resources	expended	in funds
	8	8	8
Unrestricted funds
Community Income	230,300	(192,070)	38,230
Supporting Our Own	281,294	(188,456)	92,838
Education &Learning	230,761	(138,108)	92,653
Football dt Education	218,964	(148,285)	70,679
Health tk Wellbeing	30,871	(95,865)	(64,994)
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	(57,683)	31,815
	1,579,379	(1,201,391)	377,988
Restricted funds
Kicks Project	202,101	(241,038)	(38,937)
PL4S Income		(2,412)	(2,412)
Primary Stars	102,289	(147,563)	(45,274)
Other	3,160	1,849	5,009
Disability Sports	30,628	(15,423)	15,205
Kicks Plus	177,155	(156,685)	20,470
TeamWork	129,394	(61,212)	68,182
Football In The Community		32,323	32,323
Neighbourhood Engagement	30,994	(11,539)	19,455
Villa Vision	77,592	(78,950)	(1,358)
School Sports Active Through Football	48,770	(4,618) (889)	(4,618) 47,881
	802,083	(686,157)	115,926
TOTAL FUNDS	2381,462	(1,887,548)	493,914

			Net
			movement	At
		At 1.6.21	in funds	31.5.23
			8
Unrestricted funds
Community Income		258,669	(77,044)	181,625
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	88,750	229,974
Other		34,072		34,072
Education &Learning		45,975	61,381	107,356
Football dr Education		93,612	104,436	198,048
Health dr Wellbeing		35,153	15,000	50,153
Football in the Community		(54,091)	48,089	(6,002)
Inclusion		37	854	891
School Sports		53,024	117,451	170,475
Chances		(2,232)	40,636	38,404
Further education			2,233	2,233
NCS Holidays BTDisability Sports Kicks plus unrestricted			21,694 (5,124) 56,794	2],694 (5,124) 56,794
		707,968	475,150	1,183,118
Restricted funds
Kicks Project		164,342	(19,698)	144,644
PL4S Income		2,412	(2,412)
Primary Stars		100,147	(33,583)	66,564
Other		15,705	66,009	81,714
Disability Sports		11,246	15,205	26,451
Kicks Plus		104,346	(16,381)	87,965
TeamWork		83,285	93,524	176,809
Football In The Community			32.323	32,323
Neighbourhood Engagement		2,970	31,971	34,941
Villa Vision		31,556	2,749	34,305
School Sports			(4,618)	(4,618)
Active Through Football			92,968	92,968
Youth Endowment	Fund		59,594	59,594
Inspires			26,868	26,868
Children In Need			14,038	14,038
Health tk Wellbeing			(85,846)	(85,846)
		516,009	272,711	788,720
TOTAL FUNDS		1,223,977	747,861	1,971,838

		Incoming	Resources	Movement
		resources	expended	in funds
			8
Unrestricted funds
Community Income		469,000	(546,044)	(77,044)
Supporting Our Own		463,385	(374,635)	88,750
Education &Learning		328,352	(266,971)	61,381
Football &Education		467,338	(362,902)	104,436
Health &Wellbeing		106,032	(91,032)	15,000
Football in the Community		493,73$	(445,649)	48,089
Inclusion		6,000	(5,146)	854
School Sports		579,754	(462,303)	117,451
Chances		144,498	(103,862)	40,636
Further education		61,251	(59,018)	2,233
NCS Holidays BTDisability Sports		98,490 27,730	(76,796) (32,854)	21,694 (5,124)
Kicks plus unrestricted		56,794		56,794
		3,302,362	(2,$27,212)	475,150
Restricted funds
Kicks Project		452,100	(471,79$)	(19,69$)
PL4S Income			(2,412)	(2,412)
Primary Stars		252,436	(286,019)	(33,583)
Other		64,160	1,849	66,009
Disability Sports		30,628	(15,423)	15,205
Kicks Plus		218,880	(235,261)	(16,381)
TeamWork		230,718	(137,194)	93,524
Football In The Community			32,323	32,323
Neighbourhood Engagement		59,404	(27,433)	31,971
Villa Vision		155,804	(153,055)	2,749
School Sports			(4,618)	(4,618)
Active Through Football		161,363	(68,395)	92,968
Youth Endowment	Fund	62,500	(2,906)	59,594
Inspires		50,000	(23,132)	26,868
Children In Need		33,020	(18,982)	14,038
Health &Wellbeing		9,200	(95,046)	(85,846)
		1,780,213	(1,507,502)	272,711
TOTAL FUNDS		5,082,575	(4,334,714)	747,861

			31.5.23 8	31.5.22f
INCOME AND ENDOWMENTS
Donations and legacies
Donations			141,696	169,091
Charitable activities
Income from fundraising			2,559,417	2,212,371
Total incoming resources			2,701,113	2381,462
EXPENDITURE
Raising donations and		legacies
Wages			34,415	30,257
Charitable activities
Wages			1,980,599	1,499,534
Postage and stationery			3233	3,678
Advertising			6,867	15,877
Facilities Hire			67,724	53,993
Audit and professional	fees		15,058	10,585
General administration		costs	2,436	3,680
Catering costs			4,958	28,275
Sundry expenses			33,990	7,845
Community action programmes			39,178	31,477
Competitions and events			62,928	35,089
Event costs			17,857	12,104
Grants and donations			56,012	58,126
Equipment costs			26,730	24,538
Staffexpenses			19,301	8,771
Transport costs			10,748	5,979
Staiftraining			18,167	21,785
External delivery			46,622	24,631
StafFmotor and travel	expense		343	685
Motor vehicles				10,639
			2,412,751	1,857,291
Total resources expended			2,447,166	1,887,548
Net income			253,947	493,914