Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
Registered number: 08589263
Charity number: 1152848
ASTON VILLA FOUNDATION
(A company limited by guarantee)
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
CONTENTS
Page
Reference and administrative details of the Charitsble company. its Trustees and
advisers
Trustees. report
Independent auditor's report on the financial statements
10-13
Statement of financial activities
14
Balance sheet
15
Statement of cash flows
16
Notes to the financial statements
17-32

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND
ADVISERS
FOR THE PERIOD ENDED 30 JUNE 2024
Trustees
A Colville
B Hatton (appointed 7 November 2023)
K S Kenth
P V Pattni
R Pavlou
R Stevens (appointed 7 November 2023)
V H Wilkes
N L Ibbetson (resigned 31 July 2023)
C M C Purslow (resigned 12 June 2023)
P Tyrrell (resigned 16 April 2024)
Company registered
number
08589263
Charity registered
number
1152848
Registered office
Villa Park Trinity Road
Aston, Bimiingham
Binningham
West Midlands
B6 6HE
Head of Foundation
Guy Rippon
Foundation manager
Ross Alexander
Independent auditor
Cooper Pary Group Limited
Statutory Auditor
Cubo Birmingham
Office 401, 4th Floor
Two Chamberlain Square
Birmingham
B3 3AX
Bankers
HSBC Bank PLC
168 Warstone Lane
Birmingham
B186NP
Solicitors
Squire Patton Boggs
6 Wellington Place
Leeds
LS14AP
Page 1

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
TRUSTEES. REPORT
FOR THE PERIOD ENDED 30 JUNE 2024
The Trustees who are also Directors of the charity for the purposes of the Companies Act 2006, present their
report with the financial statements of the charity for the period from 1 June 2023 to 30 June 2024. The annual
report services the purposes of both a Trustees. report and a Directors. report, under company law. The
trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019}.
Objectives and Activities
Principal Activities and Objects of the Charity
The principal activities and objects of the Foundation are=
To promote community participation in healthy recreation by providing facilities for the playing of football and
other sports capable of improving health (facilities in this article means land, buildings. equipment and
organising sporting activities).
To provide and assist in providing facilities for sport, recreation or other leisure time occupation of such
persons who have need for such facilities by reason of their youth, age, infirmity or disablement, gender,
povety or social and economic circumstances or for the public at large in the interests of social welfare and
with the object of improving their conditions of life.
To advance the education (including academic, social and physical) of children, young people and adults to
provide opportunities for them to develop their full capacities and enable them to become responsible
members of society so that their conditions of life may be improved; and
To pay or apply the funds of the Charity to such bodies andlor to such charitable purposes which are
exclusively charitable in law and in such proportions in such manner and subject to such terms.
Charitable purpose and public benefit
A wide range of projects and activities are delivered by the organisation that align with the charities objects and
the trustees have referred to the Charity Commission's guidan￿ on reporting on public benefit (section 17 of
Charities Act 2011) when reviewing the charitys aims and objectives, and when planning the charitys activities.
The Trustees are therefore confident that the charity meets the public benefit requirements.
Organisational Strategy
During the financial period. the senior management of the charity developed a new organisational strategy for
the period 2024-2029.
The process involved internal consultation with staff. managers and the board of trustees. In addition, the senior
management spoke with individual key stakeholders and considered a wide range of relevant local. regional and
national strategic plans to ensure alignment in contributing to key priorities.
Following the consultation, the decision was taken for the organisation to narrow the focus of the organisation's
work to children, young people and young adults. whilst still catering for vulnerable adults induding those with a
disability or with poor mental health.
By concentrating on a younger demographic. this ensures that the work of the charity can be closer aligned to
provide a landscape of opportunities for inner-city young people to help them with their physical and mental
health, personal and social development. education and employment prospects. and provide strong mentoring
and support.
The new strategic framework identifies three strategic pillars for the Aston Villa Foundation:
Delivering
Connecting
iii. Supporting
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Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2024
Delivering
To more effectively communicate and deliver the range of projects the Foundation offers both intemally and
externally, there was a restructure and realignment of the delivery departments. There are now three delivery
divisions, each overseen by a Senior Programmes Manager. The three divisions are-
Engagement. Sport and Wellbeing
providing youth engagement, interventions and sporting
opportunities alongside physical and mental health programmes, contributing to the improved health and
wellbeing of young people.
Education and Employment - Promoting educational and personal development from an early age.
offering a range of skills. training and qualifications to enhan￿ people's long-term prospects and potential.
Community Relations - Building and strengthening local relationships ensuring Aston Villa is contributing
positively to society. being a good neighbour and viewed as an asset to the local community.
The review of activities will summarise and provide detail on some of the work undertaken by each division and
subsequent departments over the course of the reporting period.
Connecting
The work of the charity benefits a wide range of stakeholders, and the strategic framework helps to identify and
communicate the football club and the Foundation, and how the charitys work contributes to the value
proposition for key stakeholders, as identified in the strategic plan are-
Our local neighbours and local communities
The Premier League, and Premier League Charitable Fund
West Midlands Policy, WM Combined Authority and Birmingham City Council
Aston Villa club partners and sponsors
Aston Villa fans
The Foundation can provide value for each of the identified key stakeholders in different but meaningful ways,
achieving public benefit through its charitable and community work.
Supporting
With a very active charity and community sector in Bimiingham. increasingly the Foundation has seen itself
supporting smaller charities, Community Interest Companies and organisations through advocacy, collaboration
and capacity building.
This support takes shape in many ways, with some examples shared in our review of activities for the year.
Review of Activities
New Facility Opening
The new purpos&built Aston Villa 'lnner City Academy opened in July 2023, with several of the Foundation
projects and programmes utilising the space for continuing work in the community. The facility has seen a
footfall of over five and a half thousand participants utilising the indoor and outdoor spa￿s, whilst also housing
some of the football club's city ￿ntre talent identification programmes.
The positive impact of the site has been felt tremendously by the community, hosting youth work-based
activities, football training, festivals, events and toumaments at a state-of-th￿art facility in an area that faces
some of the highest inequalities in the country.
Alongside the significant development of a new facility the following projects and activities provide a snapshot of
our work. highlighting some of the new or extended projects that have taken place during the reporting period.
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Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2024
Engagement, Sport and Wellbeing
Funded by the Premier League and the Professional Footballers. Association {PFA}, the Everybody s Game
project is designed to bring inclusive opportunities for British South Asian communities and Women and Girls to
get involved across mainstream football. either as players, volunteers, or coaches.
One focus of EverybOd￿S Game is developing the strength and skills of volunteer coaches and support the
network of grassroots-level British South Asian-led clubs and community groups. The initiative supports them to
become well-governed organisations with a strong volunteering workforce, as well as helping to manage their
governan￿ in terms of policies, procedures and finan￿S
ultimately helping them to become sustainable
football organisations that can create new opportunities and pathways for British South Asian and women and
girls, players and coaches.
Starting in September 2023, 'Seed to Feed. aims to address issues of household food poverty affecting families
in Birmingham. The primary aim of the project is to improve the knowledge and understanding around the
importance of eating healthy and being physically active to over 400 children and their families in Ladywood,
Perry Barr, and Erdington.
The objective looks to redu￿ health disparities while building employability prospects of adults living in low-
income households. Topics such as nutrition, hydration. and healthy eating are delivered to children in the
classroom, before moving on to practical delivery around healthy cooking, food waste, and active lifestyles.
The project is funded through the National Lottery Community Fund and supported by local organisation
Bangers n, Mashup C.l.C (formerly Digbeth Dining Club C.l.C). who deliver cooking workshops as part of the
programme. During the project's first 12 months of delivery, 117 families have been directly impacted by the
project.
SAFE (Support, Attend. Fulfil, Exceed) is a Department for Education-funded programme, with funding
distributed through the CORE & Co Foundation, which aims to get ahead of serious youth violence by tackling
the education indicators that are associated with a young person being more at risk of involvement in serious
violence.
Working with our dedicated SAFE Mentors, young people can be offered different levels of 1-to-1 or group
mentoring. depending on the individual needs of the young people. Across the season, 161 young people in
Birmingham have re￿iVed mentoring through the programme.
Education and Employment
Villa Vision is led by the Aston villa Foundation in collaboration with Aston University, with funding from the
University, Premier League. Professional Footballers, Association, EssilorLuxottica's charitable Foundation
Onesight and the Wesleyan Foundation.
Designed and delivered by the Aston Villa Foundation's dedicated eyecare team. Villa Vision helps raise
awareness of the importance of eye health for both children and adults within the local communities of
Birmingham. Villa Vision has seen a number of developments across the 2023124 season, with the project
beginning its expansion into secondary schools for the first time, working in three secondary schools, part of the
Summit Leaming Trust.
Since the project's inception, the programme has engaged in over 15,000 individual interventions in 96 visits to
schools across Birmingham, delivering educational workshops, vision and colour vision screening, and eye
testing in our state-of-the-art mobile eye care unit.
Villa Catering Club provides leamers with real life work experien￿ and qualifications in catering and the
hospitality sector. Delivered at Villa Park in partnership with Digbeth Dining Club with course accreditation being
supplied by the Nationwide Caterers Association and South and City College Birmingham, the 8-week
programme is available free of charge to people over the age of 19 and helps to support the hospitality industry
which has struggled as a result of the Covid-19 pandemic. As part of the Foundation's Golden Thread of
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Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2024
Opportunity. Kerbside Cobs offer placement and employment opportunities to participants from the programme,
which has already seen one participant from this year's cohorts, Andrew, beginning a placement to cater on
matchdays and events.
The Aston Villa Foundation. alongside socios.com Supports and Bangers n. Mashup C.l.C, have successfully
launched 'Kerbside Cobs., a catering van redeveloped from a former crime scene investigation unit providing
culinary education in Birmingham. With employment rates in Birmingham the lowest across the West Midlands,
the primary aim for the project is to provide vital work experien￿, qualifications, and employment opportunities
to individuals from disadvantaged communities within Bimiingham who have graduated from the Catering Club
project. The van also operates as a food vendor at community events and match days at Villa Park, as well as
visiting local schools and community organisations to provide further food and health education to promote
healthy lifestyles.
Community Relations
The Youth Endowment Fund's (YEF) Neighbourhood Fund was set up to understand how empowering local
people to make decisions about their own neighbourhoods can prevent children from becoming involved in
violent crime and anti-social behaviour. We have acted as the Lead Coordinator for the YEF Neighbourhood
Fund in Lozells and Newtown for over 12 months. Bimiingham's steering group is made up of 12 residents and
working professionals, who are responsible in making the decisions on where funding and resources are
needed and distributed. Since the steering group began work in April 2023, several key target points have been
achieved to facilitate a community-led action plan. This plan focuses on empowering individuals to work
collaboratively, supporting them to deliver programmes and ServI￿S that respond to the needs of the
community and positively impact the lives of Ihose living there.
Active Through Football (ATF) is a consortium-managed project. funded through the Football Foundation, and
led by the Aston Villa Foundation. ATF adopts a place-based approach to address inequalities in physical
activity. By identifying and working with key target audiences who face the greatest barriers to being active, ATF
tailors its sessions to the specific needs of communities and works to remove obstacles by providing access to
sports and activities. The programme emphasises the Importan￿ of inclusivity across cultures and local
communities. aiming to increase activity levels and create sustained behaviour change.
ATF has not only increased activity levels but also strengthened connections within diverse communities,
creating pathways for lasting behavioural change and a more inclusive future.
Aston Villa's Premier League Fans Fund began work in January 2024. to further connect residents to Aston Villa
Football Club, who can be impacted heavily due to matchday experiences. The localised approach to Fans
Fund aligns to the Foundation's strategy of enabling and connecting with local community-based organisations.
By inviting them into the stadium to take part in activities that cater to their needs, we aim to bridge a gap,
allowing Aston Villa to be seen as a good neighbour in the community. Between January and July, we worked
collaboratively with five community organisations, who have led on the delivery of a range of activities with the
support from our staff and recruited both young people and adults to participate in weekly sessions at Villa Park.
Through a culmination of calls to action to Aston Villa fans. we have been able to support with the distribution of
over 12,000 physical resources such as food, toys. and dothing to organisations who support vulnerable young
people and families in our local communities. One example of this occurred during the winter period of
December 2023, with our Festive Toy Drive providing presents to families in Bimiingham who may not have had
the financial capacity to provide presents for children at Christmas. Alongside participants of the Teamwork
programme, four U21's Academy players assisted in the wrapping and distribution of the presents.
The Foundation has worked dosely with Aston Villa supporter fan groups, corporate customers, sponsors and
fans to raise funds. awareness and make donations through various initiatives across the year.
Summary
In total. the Foundation delivers over 40 different projects, with up to 500 activities and events taking place each
week. In 2023-24 we had just over 30.000 people register and attend our various projects, none of which would
be possible without the generous support of our partners. funders and those who fundraise and make donations
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Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2024
in support of our work.
FINANCIAL REVIEW
Financial postion
The statement of financial activities shows net income for the charity of £243,410 (2023.. £253,947).
At 30 June 2024 the charity had total funds of £2,215.247 {2023: £1,971.837) of which £1,411,280 {2023:
£1,151,129) were held as unrestricted charitable funds.
Reserves policy
The reserves policy of the charity is six months of fixed costs in unrestricted reserves.
The trustees, through the development of the chariws business planning. have considered the level of reserves
appropriate to the risks, opportunities and future contingencies faced by the charity.
At 30 June 2024 the charitys unrestricted reserves were £1,411,280 (2023: £1,151,129). The fixed costs for
2023124 were £2,493,310, with six months fixed costs calculated at £1.246,655.
Going concern
The trustees consider that the charitys assets are available and adequate to fulfil its obligations and that the
accounts comply with the current statutory requirements and with the requirements of the Trust's goveming
document.
FUTURE PLANS
The Foundation continues to increase awareness of its work and enhan￿ the organisation's reputation as a
leading social impact charity in Bimiingham. The senior leadership has worked to ensure that the Foundation
further strengthens its relationships with statutory bodies such as Birmingham City Council, West Midlands
Combined Authority and Public Health. This has been identified in the new strategic plan (2024-29) as a key
focus for the organisation in terms of connecting and working with key stakeholders such as those mentioned.
Central to a successful and impactful charty, the Trustees and Foundation senior management recognise the
need to continue to attract, develop and retain the best possible staff. The management structure of the
organisation remains fluid to ensure that the Foundation can continue to grow and develop its people and as an
organisation as opportunities arise.
The senior management is exploring feasibility into an asset transfer of a building which would be utilised as
staff offices, as well as classrooms, meeting rooms and practical spaces from which to deliver our activities.
This facility would require some investment from the organisation's work, and a full feasibility study is currently
underway to explore this exciting development further.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its goveming document. a deed of trust, and constitutes a limited company, limited
by guarantee, as defined by the Companies Act 2006. The objects of the charity were reviewed at a trustee
meeting during the course of the year and it was agreed that the charitable objects remain fit for purpose and no
amendments were required.
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Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2024
Organisational structure
The charity is governed by the Trustees who meet a minimum of four times a year. The day-to-day
management is delegated to the Head of Foundation. Guy Rippon, who receives support from all trustees when
requested.
The senior management team was restructured in late 2024, resulting in an increase in senior level managers in
order to reflect and manage the sustained growth of the organisation.
Induction and training of new trustees
New trustees are nominated by members of the board of trustees and appointed when they have the necessary
skills to contribute to the charity's management and development. When new trustees are appointed they are
given an introduction to the work of the trust and provided with the infomiation they need to fulfil their roles,
which includes information about the role of trustees and charity law.
Remuneration policy
In line with the organisation's 'Scheme of Delegation, and 'Matters Reserved for the Board,, the Board has
responsibility for ensuring fair and equitable decisions in relation to remuneration, reward and benefits for all
staff
including the pay structure. annual changes (e.g. cost of living increase) and all relevant legal and
statutory requirements. Pay, rewards and benefits are reviewed bi-annually. During reviews, formal
benchmarking may be undertaken extemally to support and infomi the process.
Staff pay and remuneration is decided by the Board in consultation with the Head of Foundation (except for the
HOF'S own salary) and approved by Trustees. Economic climate and benchmarking are considered when
determining any pay awards and the remuneration of each role.
We endeavour to pay all our staff a fair and appropriate salary which ensures we attract and retain the right
skills to have the greatest impact on advancing our vision whilst having to be balanced against the funds
available to us.
Apart from the Executive Leadership Team's salaries. employees, and workers, pay is determined according to
a pay scale for their role. All roles have a job description and they are evaluated against a set criterion to
determine their grade which in tum govems their pay.
In February of each year, the senior management and Trustees will consider a number of sources including the
Consumer Pri￿ Inflation index and external benchmarking from the Living Wage Foundation, charity
recruitment agencies, Civil Society and Third Sector. The Head of Foundation will then recommend to the Board
the percentage pay review award to be made across all eligible roles and the timing of the pay award as agreed
in the budget sign off process.
Fundraising
Funds are raised principally from trusts, grant funders. corporate partnerships, private donations and through
fundraising events. We aim to build strong and transparent relationships with our supporters. It is only through
their generosity that our work is possible. We do not employ professional fundraising agencies and our activities
are planned and delivered by our small fundraising team. led by our Fundraising and Events Lead. It is her
responsibility to ensure that our fundraising work complies with the Fundraising Code of Practice which includes
relevant legal requirements as well as the standards set by the Fundraising Regulator. Any direct marketing is
undertaken by the fundraising department to ensure that it is not unreasonably intrusive or persistent and all
material contains clear instructions on how a person can remove themselves from mailing lists. We have not
received any complaints about our fundraising practice, and we regulady review the Code to ensure that our
fundraising continues to be legal. open, honest. and respectful.
Due to the nature of fundraising the charity does not consider it necessary to adopt one of the voluntary codes
for fundraising, however it is registered with the Fundraising Regulator. There have been no complaints
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Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2024
re￿iVed by the charity in the year in respect of fundraising.
Our supporters and ambassadors help our work in many ways, including making donations, raising
sponsorship, participating in a challenge or special event, or supporting via their social ne￿OrkS.
We raise money by soliciting gifts from trusts and foundations, building partnerships with businesses,
community groups and schools, supporting the public to raise money from their own fundraising initiatives and
from sponsored activities, challenge events, special events, through direct and digital marketing and from
supporter round up donations.
We strive to fundraise respectfully, and we appreciate that supporting our work is a Choi￿ and we respect our
supporters who make that choice. We operate our fundraising activity in accordan￿ with all relevant regulation.
We are compliant with the General Data Protection Regulation (GDPR). The team's training in and knowledge
of the Code of Fundraising and GDPR ensures pro￿sseS and practices safeguard vulnerable individuals so
they would not be adversely affected by our fundraising. We communicate directly with a small pool of donors
and follow an opt in approach for email communications. The processes we follow and the frequency of
communications, along with opt out mechanisms. ensure no unreasonable intrusion on a person's privacy., no
unreasonable persistent approaches for the purpose of soliciting or otherwise procuring money or other property
on behalf of the charity" and that no undue pressure is placed on a person to give money or other property.
The team is also encouraged in their professional fundraising development, staying up to date with best
practice.
The majority of our fundraising activities are directly managed in-house meaning we have direct control over
standards, and we ensure that our suppliers are acting to the standards we expect of them. We carry out due
diligence on partners and monitor their activity closely. Where we hold commercial participation agreements,
these contracts are monitored by the partnerships team who have regular meetings with the companies.
Details about our approach and our full privacy policy are on our website, and we actively encourage supporters
to contact us with any feedback. Any fundraising complaints are logged, managed, and escalated according to
our complaints policy.
Risk management
The key business risks affecting the charity relate to its funding sources, operational risks and project risks, The
Board of Trustees and senior management team review the major risks which the charity faces regularly, with a
live risk register updated regularfy and available for trustees at any time.
Trustees acknowledge the importance of maintsining a healthy level of reserves in terms of risk mitigation and
the charity currently sits at its target of reserves. During the course of the coming year, trustees will determine
whether some of these reserves will contribute to a potential capital development that would help elevate the
organisation to the next level in terms of its community presence and delivery.
THIRD PARTY INDEMNITY PROVISION FOR TRUSTEES
Qualifying third party indemnty provision is in pla￿ for the benefit of all trustees of the charity.
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Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2024
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The Trustees (who are also the directors of the Charitable company for the purposes of company law) are
responsible for preparing the Trustees, report and the financial statements in accordance with applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial period. Under company
law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and
fair view of the state of affairs of the Charitable company and of its incoming reSoUr￿S and application of
resources, including its income and expenditure, for that period. In preparing these financial statements, the
Trustees are required to-
select suitable accounting policies and then apply them consistently-
observe the methods and principles of the Charities SORP (FRS 102);
make judgments and accounting estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards (FRS 102) have been followed. subject to any material
departures disclosed and explained in the financial statements-
prepare the financial statements on the going con￿rn basis unless it is inappropriate to presume that the
Charitable company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the Charitable companvs transactions and 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.
Disclosure of information to auditors
In so far as the trustees are aware..
there is no relevant audit infomiation of which the charitable companys auditors are unaware" and
the trustees have talen all the steps that they ought to have taken to make themselves aware of any
relevant audit information and to establish that the auditors are aware of that information.
AUDITORS
The auditors. Cooper Parry, will be proposed for re-appointment at the forthcoming Annual General Meeting.
In preparing this report, the Twstees have taken advantage of the small companies exemptions provided by
section 415A of the Companies Act 2006.
Approved by order of the members of the board of Trustees on 13 March 2025 and signed on their behalf by..
Do¢uSkJned ty..
C4F987441F8B435...
A Colville
Trustee
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Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ASTON VILLA FOUNDATION
Opinion
We have audited the financial statements of Aston Villa Foundation (the 'charitable companll for the period
ended 30 June 2024 which comprise the Statement of financial activities, the Balan￿ sheet, the Statement of
cash flows and the related notes, including a summary of significant accounting policies. 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 AC￿pted Accounting Practice).
In our opinion the financial statements=
give a true and fair view of the state of the charitable companys affairs as at 30 June 2024 and of its
incoming resources and application of resources, including its income and expenditure for the period then
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice., and
have been prepared in accordan￿ with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with Intemational Stsndards 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. 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 United Kingdom.
including the Financial Reporting Council'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 concem basis of
accounting in the preparation of the financial statements is appropriate.
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 companvs ability to
continue as a going concern for a period of at least ￿e1ve 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.
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Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ASTON VILLA FOUNDATION
{CONTINUED)
other information
The other information comprises the information induded in the Annual report 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 infomiation 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 missiated. 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.
Opinion on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the information given in the Trustees. report for the financial period for which the financial statements are
prepared is consistent with the financial statements.
the Trustees, report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of our kno￿edge and understanding of the charitable company and its environment obtained in the
course of the audit, we have not identified material misstatements in the Trustees, report.
We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires
us to report to you if, in our opinion-
adequate accounting records have not been kept. or retums adequate for our audit have not been
received from branches not visited by us,- or
the financial statements are not in agreement with the accounting records and returns., or
certain disclosures of Trustees, remuneration specified by law are not made. or
we have not received all the infomiation and explanations we require for our audit- or
the Trustees were not entitled to prepare the financial statements in accordance with the small
companies regime and take advantage of the small companies. exemptions in preparing the Trustees,
report and from the requirement to prepare a Strategic report.
Responsibilities of trustees
As explained more fully in the Trustees. responsibilities statement, the Trustees (who are also the direclors of
the charitable company for the purposes 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 charilable company's
ability to continue as a going concern, disdosing, 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 altemative but to do so.
Page11

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ASTON VILLA FOUNDATION
{CONTINUED)
Auditorfs 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 fraud or error, and to issue an Auditor's report that includes our
opinion. Reasonable assurance is a high level of assuran￿. 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 Influen￿ the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are InStan￿S 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 prO￿dureS are capable of detecting irregularities,
including fraud is detailed below=
Our assessment focused on key laws and regulations the company has to comply with and areas of the
financial statements we assessed as being more SUS￿ptib1e to misstatement. These key laws and regulations
included but were not limited to Complian￿ with the Companies Act 2006, Charities Act 2011, Charities
(Protection and Social Investment) Act 2016. data protection, anti-bribery and employment legislation, United
Kingdom Generally Accepted Accounting Practice and relevant tax legislation.
We are not responsible for preventing irregularities, including fraud. Our approach to detecting irregularities,
including fraud. included, but was not limited to, the following=
obtaining an understanding of the legal and regulatory framework applicable to the charitable company and
how the charitable company is complying with that framework, induding agreement of financial statement
disclosures to underlying documentation and other evidence.,
obtaining an understanding of the charitable company's control environment and how the company has
applied relevant control Pro￿dures. through discussions with management and by performing walkthrough
testing over key areas.,
obtaining an understanding of the charitable companls risk assessment process, including the risk of
fraud.,
reviewing meeting minutes of those charged with govemance throughout the year., and..
performing audit testing to address the risk of management override of controls, including testing journal
entries and other adjustments for appropriateness, evaluating the business rationale of significant
transactions outside the nomal course of business and reviewing accounting estimates for bias.
Whilst considering how our audit work addressed the detection of irregularities, we also consider the likelihood
of detection of fraud based on our approach. Irregularities arising from fraud are inherently more difficult to
detect than those arising from error.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including
those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk
increases the more that Complian￿ with a law or regulation is removed from the events and transactions
reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance.
The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves
intentional concealment, forgery. collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at: www.frc.o
.uklauditorsres
onsibilities. This description forms part of our
Auditor's report.
Page 12

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ASTON VILLA FOUNDATION
{CONTINUED)
Use of our report
This report is made solely to the charitable companrfs 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 companvs 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 its members, as a body. for our audit work, for this report, or for the opinions
we have formed.
Glen Bott (Senior statutory auditor)
for and on behalf of
Cooper Parry Group Llmlted
Statutory Auditor
Cubo Birmingham
Office 401, 4th Floor
Two Chamberlain Square
Birmingham
B3 3AX
Date: 18 March 2024
Page 13

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE PERIOD ENDED 30 JUNE 2024
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2024
Total
funds
2023
Note
Income from:
Donations and legacies
Charitable activities
149,461
1,850,712
149.461
3,122.171
141,696
2,559,417
1,271,459
Total income
2,000,173
1,271,459
3,271.632
2,701,113
Expenditure on:
Raising funds
Charitable activities
71,779
1.729,243
71.779
2,956,443
34,415
2,412,751
1,227,200
Total expenditure
1,801,022
1,227,200
3,028,222
2,447,166
Transfers between funds
17
61,000
(61,000)
Net incomel(expenditure)
260,151
{16,741)
243,410
253,947
Reconciliation of funds:
Total funds brought forward
Net movement in funds
1,151,129
260,151
820,708
{16,741)
1,971,837
243.410
1,717,890
253,947
Total funds carried fonNard
1,411,280
803,967
2,215,247
1,971,837
The Statement of financial activities includes all gains and losses recognised in the period.
The notes on pages 17 to 32 fom part of these financial statements.
Page 14

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
REGISTERED NUMBER: 08589263
BALANCE SHEET
AS AT 30 JUNE 2024
As restated
31 May
2023
30 June
2024
Note
Fixed assets
Tangible assets
Investments
12
13
Current assets
Debtors
14
354.335
1.929,886
161,445
1,931.151
Cash at bank and in hand
2,284,221
2.092,596
Creditors.. amounts falling due within one
year
15
(68,976)
(120,7611
Net current assets
2,215,245
1.971,835
Total assets less current liabilities
2,215,247
1,971,837
Total net assets
2,215,247
1,971,837
Charity funds
Restricted funds
Unrestricted funds
17
803,967
1,411,280
820,708
1.151,129
17
Total funds
2,215,247
1,971,837
The Trustees acknowledge their responsibilities for complwng with the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordan￿ with the provisions applicable to entities subject to
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 13 March 2025 and signed
on their behalf by=
OocuS*ned by..
Irby Ckn(LL
C4F987441FBB435..
A Colvi118
Trustee
The notes on pages 17 to 32 fonm part of these financial statements.
Page 15

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
STATEMENT OF CASH FLOWS
FOR THE PERIOD ENDED 30 JUNE 2024
2024
2023
Note
Cash flows from operating activities
Net cash used in operating activities
19
{1.265)
314,855
Cash flows from financing activities
Net cash provided by financing activities
Change in cash and cash equivalents in the period
(1,2651
314,855
Cash and cash equivalents at the beginning of the period
1.931,151
1,616,296
Cash and cash equivalents at the end of the period
20
1,929,886
1,931,151
The notes on pages 17 to 32 form part of these financial statements
Page 16

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
General information
The Aston Villa Foundation is a private charitable company, limited by guarantee, incorporated in
England. The registered company number is 08589263. The address of the charity's registered ofFice is
Villa Park, Trinity Road, Birmingham, B6 6HE.
The financial statements are presented in Sterling which is the functional currency of the charitable
company.
Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordan￿ with the Charities SORP (FRS 102)
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland {FRS 102) (effective 1 January 20191, the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Aston Villa Foundation meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the
relevant accounting policy.
The current period is the thirteen month period from 1 June 2023 to 30 June 2024, the comparative
period is a full year. The current period has been extended to be in line with other companies in the
group. The extension to the accounting period was approved by the trustees.
2.2 Going concern
Despite the inherent risks associated with future funding, as well as certain costs, and the generally
difficult economic climate, the Trustees have prepared a cash flow forecast for the ￿e1ve month
period following the date of approval of these financial statements which demonstrates that the
charity has sufficient cash to continue to meet its liabilities as they fall due. The financial statements
have therefore been prepared on a going cOn￿M basis.
2.3 Income
All income is recognised once the Charitable company has entitlement to the income, it is probable
that the income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of financial activities in accordance with the above. The
balance of income re￿iVed for specific purposes but not expended during the period is shown in the
relevant funds on the Balan￿ sheet. Where income is received in advance of entitlement of receipt,
its recognition is deferred and included in creditors as deferred income. Where entitlement occurs
before income is received. the income is accrued.
other income is recognised in the period in which it is receivable and to the extent the goods have
been provided or on completion of the service.
Page 17

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
Accounting policies (continued)
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic
benefit to a third party, it is probable that a transfer of economic benefits will be required in
settlement and the amount of the obligation can be measured reliably. Expenditure is classified by
activity. The costs of each activity are made up of the total of direct costs and shared costs,
including support costs involved in undertaking each activity. Direct costs attributable to a single
activity are allocated directly to that activity. Shared costs which contribute to more than one activity
and support costs which are not attributable to a single activity are apportioned be￿een those
activities on a basis consistent with the use of reSoUr￿s. Central staff costs are allocated on the
basis of time spent.
Expenditure on raising funds includes all expenditure incurred by the Charitable company to raise
funds for its charitable purposes and includes costs of all fundraising activities events and non-
charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Charitable CoMpan￿S objectives. as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.5 Taxation
The Charitable company is considered to pass the tests set out in Paragraph 1 Schedule 6 of the
Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation
tax purposes. Accordingly, the Charitable company is potentially exempt from taxation in respect of
income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation
Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such
income or gains are applied exclusively to charitable purposes.
2.6 Tangible fixed assets and depreciation
Tangible fixed assets costing £1,000 or more are capitalised and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model,
tangible fixed assets are measured at cost less accumulated depreciation and any accumulated
impairment losses. All costs incurred to bring a tsngible fixed asset into its intended working
condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives. using the straight-line method.
Depreciation is provided on the following basis=
Motor vehicles
330/0
2.7 Investments
Long temi investments are dassified as fixed assets. Fixed asset investments are stated at cost
less provision for impairment in value.
Page 18

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
Accounting policies (continued)
2.8 Debtors
Trade and other debtors which are receivable within one year are initially recognised at the
transaction price and subsequently measured at amortised cost, being the transaction price less any
amounts settled.
2.9 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short
maturity of three months or less from the date of acquisition or opening of the deposit or similar
account.
2.10 Liabilities and provisions
Creditors payable within one year are initially measured at the transaction price and subsequently
measured at amortised cost. being the transaction price less any amounts settled.
2.11 Financial instruments
The Charitable company only has financial assets and financial liabilities of a kind that qualify as
basic financial instruments. Basic financial instruments are initially recognised at transaction value
and subsequently measured at their settlement value.
2.12 Fund accounting
Unrestricted funds can be used at the discretion of the Trustees in furtheran￿ of the general
objectives of the Charitable company and have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the Charitable company for particular purposes. The costs of
raising and administering such funds are charged against the specific fund. The aim and use of each
restricted fund is set out in the notes to the finanaal statements.
Critical accounting estimates and areas of judgment
Estimates and judgments are continually evaluated and are based on historical experience and other
factors, including expectations of future events that are believed to be reasonable under the
circumstances. The trustees consider that there are no such critical accounting estimates or areas of
judgement to report.
Page 19

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
Income from donations and legacies
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Donations
149.461
149,461
141,696
149,461
149,461
141,696
Total 2023
141,696
141,696
Income from charitable activities
Unrestricted Restricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Charitable activities
1,850,712
1,271.459
3.122,171
2.559,417
Total 2023
1.581,287
978,130
2,559.417
Page 20

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
Raising Funds
Costs of raising voluntary income
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Wages and salaries
Social security costs
Pension costs
66,725
906
66.725
906
29,687
2,947
1,781
4,148
4.148
Total 2024
71,779
71.779
34,415
Total 2023
34,415
34,415
Analysis of expenditure on charitable activities
Summary by fund type
Unrestricted Restricted
funds
funds
2024
2024
Total
2024
Total
2023
Charitable activities
1.729,243
1,227,200
2,956.443
2,412.751
Total 2023
1,651,099
761,652
2.412,751
Page 21

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
Analysis of expenditure by activities
Activities
undertaken
directly
2024
As restated
Total
funds
2023
Support
costs
2024
Total
funds
2024
Charitable activities
2.353,055
603,388
2,956,443
2,412,751
Total 2023 as restated
1.775,921
636,830
2,412,751
Analysis of support costs
As restated
Total
funds
2023
Total
funds
2024
Staff costs
537.097
66,291
521,535
115,295
Other support costs
Total 2024
603,388
636,830
Auditorfs remuneration
2024
2023
Fees payable to the Charitable companvs auditor for the audit of the
Charitable CoMpan￿S annual accounts
15,600
5,340
Fees payable to the Charitable companvs auditor in respect of:
I non-audit servi￿$ not included above
2.100
900
Page 22

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
10. Staff costs
2024
2023
Wages and salaries
Social security costs
Other pension costs
2.196.037
180,779
116.494
1.765,803
167,508
81,704
2.493,310
2,015,015
Stsff restructuring costs paid in the year are non-statutorylnon-contractual severance payments totalling
£5,902 (2023: £Nil). which consisted of 3 payments. There were 2 payments of contractual severance
payments totalling £3.083 {2023: £Nil) and 1 redundancy payment of £600 (2023: £Nil).
The average number of persons employed by the Charitable company during the period was as follows:
2024
2023
Administration and management
Provision of charitable services
13
74
69
87
80
The number of employees whose employee benefits (excluding employer pension costs) exceeded
£60.000 was:
2024
2023
In the band £60,001- £70,000
In the band £70,001- £80,000
In the band £90,001- £100.000
In the band £120.001- £130,000
The total amount of key management personnel benefits (including employer pension contributions and
employer national insurance contributions) re￿iVed by key management personnel for their services to
the charity was £237.000 (2023: £193,593).
11.
Trustees. remuneration and expenses
During the period. no Trustees received any remuneration or other benefits (2023- £NIL).
During the period ended 30 June 2024. no Trustee expenses have been incurred (2023 - £NIL).
Page 23

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
12.
Tangible fixed assets
Motor
vehicles
Cost or valuation
At 1 June 2023
31,920
At 30 June 2024
31,920
Depreciation
At 1 June 2023
31,919
At 30 June 2024
31,919
Net book value
At 30 June 2024
At 31 May 2023
13.
Fixed asset investments
Investments
in
subsidiary
companies
Cost or valuation
At 1 June 2023
At 30 June 2024
Net book value
At 30 June 2024
At 31 May 2023
Page 24

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
13.
Fixed asset investments (continued)
Principal subsidiaries
The following was a subsidiary undertaking of the Charitable company:
Name
Company
number
Registered office or principal Principal activity
place of business
Aston Villa Social Enterprises
cic
05912677
Aston Villa Football Club Plc,
Trinity Road, Birmingham, West
Midlands, B6 6HE
Dormant
Class of
shares
Holding
Ordinary
The financial results of the subsidiary for the period were=
Name
Net assets
Aston Villa Social Enterprises CIC
1,484
14.
Debtors
30 June
2024
31 May
2023
Due within one year
Trade debtors
297,458
56.877
161,445
Amounts owed by group undertakings
354,335
161,445
Page 25

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
15.
Creditors: Amounts falling due within one year
As restated
31 May
2023
30 June
2024
Trade creditors
Amounts owed to group undertakings
Other taxation and social security
Accruals and deferred income
123,958
41.988
26,988
{3,199)
68.976
120,761
Deferred income relates to income received in advance of services being provided.
16.
Prior period adjustments
The prior year figures have been restated to reclassify the bank overdraft from creditors to cash at bank
and in hand reducing creditors from £196,441 to £120,761 and reducing cash at bank and in hand from
£2,006,831 to £1,931,151. This is due to the fact that this didn't relate to a genuine bank overdraft.
Prior year expenditure has also been redassified to recognise support costs. £636.830 has been
reclassified from direct costs to support costs based on the nature of the expenditure.
Page 26

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
17.
Statement of funds
Statement of funds - current period
Balance at
30 June
2024
Balance at 1
June 2023
Transfers
inlout
Income Expenditure
Unrestricted funds
Unrestricted funds
1,151,129
2,000.173
(1,801,022}
61,000
1,411,280
Restricted funds
Kicks Project
Primary Stars
Other
144,644
66,564
81,714
26,451
87,965
141,456
34,941
34,305
92,968
59,594
26,868
14,038
9,200
250,000
150.513
27.201
10.000
61,944
100.607
15,000
126.596
129,365
85.230
37,789
24.390
(259,035)
(172,831)
{9,188}
(36,451)
(112,405)
(88,126)
(32,798}
(97,699)
(101,908}
(73,121)
(50,043)
(32,906)
135,609
44.246
38,727
{61,000)
Disability Sports
Kicks Plus
Teamwork
37,504
153.937
17,143
63.202
120,425
71.703
14,614
5.522
9.200
Neighbourhood Engagement
Villa Vision
Active Through Football
Youth Endowment Fund
Inspires
BBC Children In Need
Health & Wellbeing
Everybodys Game - BSA
(funded by Islamic Relief +
PL PFA)
Seed to Feed {funded by the
National Lottery Reaching
Communities)
Kerbside Cobs
89.724
(36.550)
53.174
88,100
75.000
(49,139}
(75.000)
38,961
820,708
1,271.459
(1,227,200)
(61,000)
803.967
Total of funds
1.971,837
3,271.632
(3.028,222)
2,215.247
Page 27

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
17.
Statement of funds {continued)
Kicks and Kicks Plus - The Kicks and Kicks Plus project funding comes from the Premier League and
Big Lottery Fund and enables the Foundation to deliver free activities across a range of sports and
community safety, training and development opportunities for children and young people in inner-city
Birmingham.
Primary Stars - This project is an initiative to increase the quality of sports coaching available to primary
school children through the deployment of highly qualified Foundation coaches as well as upskilling
teachers in primary schools across Birmingham.
Disability Sport - We provide a range of opportunities for those with learning and impairment specific
disabilities to take part in social, competitive and recreational sporting opportunities. We work in
partnership with a range of partner organisations to promote and facilitate these opportunities to impact
as many people as possible.
Teamwork - Launched in 2020 in response to the biggest mental health crisis caused by Covid-19
restrictions. Teamwork is our core mental health initiative designed to promote mental health
awareness and contribute to the local health agenda in Bimiingham. Initially funded through the Premier
League and PFA Community Fund, the project has also received financial support through the Living
Well Consortium and the Indusive Communities Fund.
Neighbourhood Engagement - Our Neighbourhood Engagement Officer has a role to establish and
develop relationships with community organisations based in and around Aston in order to identify
opportunities for the Foundation to support local community groups with capacity building, partnership
working and resourcing to impact positively on and support local residents.
Villa Vision is our project that teaches children and disadvantaged communities about eye health and
eye care. The project has a van that is fully equiped with the latest technology to undertake free eye
screening and eye tests for children and adults. We then distribute free glasses to those who need them
to give them the tools to leam and positively impact on their education future prospects.
Active Through Football - Funded by the Football Foundation, ATF is a programme designed to boost
participation in sports and physical activity. The primary goal of the project is to reduce inequalities in
Lower Socio-Economic Groups (LSEG) communities by using sports to eliminate barriers and promote
higher levels of physical activity.
Youth Endowment Fund - In 2023. the Aston Villa Foundation was successful in its bid to become the
Lead Coordinator for the Youth Endowment Fund's (YEF) Neighbourhood Fund in Lozells and Newtown.
The YEF'S Neighbourhood Fund was set up to understand how empowering local people to make
decisions about their own neighbourhoods can prevent children from becoming involved in violent crime
and anti-social behaviour.
Inspires
This programme is created and funded by the Premier League. It creates life-changing
opportunities for young people who have been identrfied by their schools as needing extra support to
engage with activities, utilising the power of football through a series of face-to-face mentoring sessions,
workshops and social action projects.
BBC Children in Need - funding from Children in Need enabled the Aston Villa Foundation to employ a
Youth Mentor and offer mentoring sessions that supported young people most affected by Covid 19.
Mentoring support was designed to improve the school attendance, improve the educational attainment
and the soft skills of the young people.
Health and Wellbeing this indudes some of the Foundation's paid services or small, short-term
contracts, comprising activities such as
Walking football= primarily aimed at those wanting to keep fit through football despite their ageing
years.
Holiday Activities and Food: delivered in partnership with Street Games. the activities are designed
Page 28

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
17.
Statement of funds {continued)
to address the 'holiday experien￿ gap where children from low-income households are likely to
experience social isolation and 'unhealthy holidays, in relation to nutrition and physical health.
Menlal Health First Aid: training course which teaches people how to spot the signs and symptoms
of mental ill health and provide help on a first aid basis, delivered in conjunction with trained Mental
Health First Aid Instructors from the Aston Villa Foundation and Birmingham Mind.
Seed to Feed {funded by the National Lottery Reaching Communities) - an initiative which aims to
address issues of food povety affecting families in Bimiingham. The project looks to improve
employability prospects of adults living in low-income households, whilst giving primary school children
the opportunity to develop their healthy nutrition knowledge, with the aim of reducing health disparities.
Everybody's Game - BSA (funded by Islamic Relief + PL PFA) the project focuses on developing
the strength and skills of coaches and supporting the network of grassroots-level British South Asian-led
clubs and community groups. The project also looks to encourage more female players and coaches
into the game, increasing participation in the sport at grassroots level and provide greater opportunities
of engagement and development for women and girls from all backgrounds in football.
Kerbside Cobs - our Kerbside cobs project involved the purchase of what was previously a crime scene
investigation van, which has been converted into a stste-of-the-art street food catering and education
facility. Money from the Birmingham Food Legends Fund covered the costs of the van fittings and
kitchen appliances (fryers, commerciallcatering ovens)-
There was a transfer of £61,000 from restricted funds to unrestricted funds due to income which was
misallocated in the prior year.
Statement of funds - prior period
Balance at
1 June 2022
Balance at
Income Expenditure 31 May 2023
Unrestricted funds
Unrestricted funds
1,113.660
1.722,982
(1,685,513)
1,151.129
Restricted funds
Kicks Project
Primary Stars
other
125.405
54.873
20.714
26.451
124.816
151.467
22.425
30,198
47,881
249,999
150,147
61,000
(230,760)
(138,456)
144,644
66.564
81,714
26.451
87,965
141.456
34,941
34.305
92,968
59.594
26,868
Disability Sports
Kicks Plus
41,725
101,325
28,410
78,212
112,593
62,500
50,000
(78,576)
(111,336)
{15,894)
(74,105)
(67,506)
(2,906)
(23,132)
Teamwork
Neighbourhood Engagement
Villa Vision
Active Through Football
Youth Endowment Fund
Inspires
Page 29

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
17.
Statement of funds {continued)
Statement of funds - prior period (continued)
Balance at
1 June 2022
Balance at
Income Expenditure 31 May 2023
BBC Children In Need
33,020
9.200
(18,982)
14,038
9.200
Health & Wellbeing
604.230
978,131
(761,653)
820.708
Total of funds
1,717.890
2.701.113 (2,447,166)
1,971.837
18. Analysis of net assets between funds
Analysis of net assets between funds - current period
Unrestricted Restricled
funds
funds
30 June
30 June
2024
2024
Total
funds
30 June
2024
Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
1,480,255
{68,976)
803.966
2.284,221
(68.976)
Total
1,411,280
803.967
2,215,247
Analysis of net assets between funds - prior period
Unrestricted Restricted
funds
funds
31 May
31 May
2023
2023
Total
funds
31 May
2023
Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
1,273,088
(121,960)
819.508
1,199
2.092,596
(120,761)
Total
1,151,129
820,708
1,971,837
Page 30

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
19.
Reconciliation of net movement in funds to net cash flow from operating activities
As restated
31 May
2023
30 June
2024
Net income for the period (as per Statement of Financial Activities)
243,410
253,947
Adjustments for:
Decreasel(increase) in debtors
Increasel(decrease) in creditors
(150.902)
(93,7731
12,671
48,237
Net cash provided byl(used in) operating activities
{1.265)
314,855
20. Analysis of cash and cash equivalents
As restated
31 May
2023
30 June
2024
Cash in hand
1.929,886
1,931,151
Total cash and cash equivalents
1,929.886
1,931,151
21. Analysis of changes in net debt
At 1 June
2023 Cash flows
At 30 June
2024
Cash at bank and in hand
1.931,151
(1,265)
1,929,886
1.931,151
(1,265)
1,929.886
22.
Pension commitments
The charitable company operates a defined contribution pension scheme. The assets of the scheme are
held separately from those of the charitable company in an independently administered fund. The
pension cost charge represents contributions payable by the charitable company to the fund and
amounted to £116,494 {2023= £81.704)- £Nil (2023.. £nil) was payable to the fund at the balance sheet
date.
Page 31

Docusign Envelope ID.. BA1713A(kAA7C4460-AC6(k071 F819F2B1B
ASTON VILLA FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
23.
Related party transactions
Aston Villa Football Club Limited, the parent company of the charitable company, accounts for the
expenditure transactions on the Foundation's behalf during the year and these are recharged to the
Foundation at their actual cost price.
During the period, £63,612 of expenditure was recognised with Aston Villa Football Club Limited in
relation to purchase of kit and £35,000 of kit was donated to the charity from Aston Villa Football Club
Limited.
During the year expenditure of £625 {2023= £nil) was incurred for facility hire from The Bidgley Power
Foundation, a charity in which Pritesh Pattni a trustee is also a trustee.
24. Controlling party
The directors consider V Sports SCS, registered in Luxembourg to be the companvs controlling party.
The immediate parent undertaking is Aston Villa Football Club Limited. The principal activity of Aston Villa
Football Club Limited is that of running the commercial activities of a football club. The largest group to
consolidate these financial statements is NSWE UK Limited and copies of these consolidated finanical
statements can be obtained from Companies House, Crown Way, Cardiff, CF14 8UZ.
Page 32