CLARETS IN THE COMMUNrfY LIMITED (• ¢ompany limlted by guarant••> ANNUAL REPORT AND CONSOLIDATED FINANCIAL STATEMENT8 YEAR ENDED 30 JUNE 2025 Compary Numb•r. 08615704 Charity Number: 1155856 •AEl¥W3Z4• 2510212026 COMPANIES HOUSE A06 aarets In The Communliy Umited -Annual Report and Financial Ststements 202&2025 CLARETS IN THE COMMUNrrY LIMrrED la Gompany limttad by guarantee) CONTEKrs Pag• L•gal and Admlnlstratlve Infomiallon Trustses, report Statement of TNsteès' r8sponslbilitles 10 Independant Audltorf8 report 11 Con6011dat6d Stalemenl of Financlal Acth'vfties 15 Consolidated Statement of Flnanclal Posltion 16 Company St8tem8nt of Financlal Posltbn 17 Con8olldated Cash Flow Stst•mgnt 18 Notes to the consolidated financlal statements 19 C￿rets In The Q>mrnunity Limlted-Annual Report and Financlal Ststernents 2024-2025 CLARETS IN THE COMMUNfTY LIMrrED (a company Ilmlted by guaranl•o) LEGAL AND ADMINISTRATIVE INFORMATION Charlty Name Clarets In Tho Communlty Llmltod (trading as Bumley. FC in the Comrnunty) Charlty number 1155858 Cornpany numbor 08615704 R•gl6t•rod offlc• Turf Moor Harry Potts Way Bumley L8ncashlre 8B104BX Tru$t••s H AkKallanl (rnslgn•d 27 February 2025) A Anwar M L Garlkk SAHunt B C Kllby D M Lawson Y Naheed B T Nelson (Chalr) AGPace D L Rothwall RHJSutton M R Wlllams P A S Wllson The trustees act as dlrectors for Ihe purpose of company law. Chlef Ex•cutlv• Offl¢•r H L Gumian Audltorn PM+M Solutlons for Business LLP Chartered Accountants Ngw Century House Greenbank Technology Park 81a¢kburn Lancashire BB1 5QB Banl(•rn Barclays Bank plc 72178 St James Street 8ufnley Lancashlre B8111NH aarets In The Community Limited-Annual Report and Financial Staten*nts 2024-2025 CLARETS IN THE COMMUNITY LIMITED TRUSTEES, REPORY (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 30 JUNE 2025 The trustees present their report and the audlted financSal statements of the group and th6 cijmpany for Ihe year ended 30 June 2025. Ob ectives and Activltles Bumley FC In the Communty is a self-financing, registered ctrority wrth a mission to inspire. support and deliver positive change lor all. This is achieved through Ihe dglivery of two overarchlng Outcomes and three targeted outcomes: 1. To hamess the unlque 3tandlng of Burnley Football Clth to deliver lasting change In the local communty. 2. To embed oUr￿l¥0S in tho local Community for the lon9.lwm operniln9 of out51andlng facllllle8. Engage wlth our ¢ommunltie8 to raise a8piratlons. 2. Support our community to liva healthy Ilves. 3. Create a level playlng fleld for all to engage In 8POrt and physlcal acllvlty. Bumley FC In Iho Communty Is commltted lo developing a range of communlty-based prolocts across the borough8 of 8umloy, Pendlo, Rossendale, RSbble Valley and Caldordale. The charity has four core values whrth are the ideal$ it strives to a¢hSeve every day in the delivery of Its acllvlties and ¢harftable work.. Inclu&ve, Integrity, Pasw'onale and Re$ili&nt, Tho chartty seeks to address several ¢h8llenges across Bumley and the surrounding areas - from poor health out¢omos and food Insecurlty, to low •ducatlonal artalnment, 80dal1golatlon, and Ilmlted access to quallty sports andlolsure opportunltles. Gulded by its Strateglc goals. It seeks lo promote 'healthler lives, by breBking down barriers lo physlcal activty 8nd wellbeing, 'empower change, by creating Incluslvo opportunltlo$ and meanlngful connectlons that roflect the dfv8rn1ty of local communltles. and 'raise a$plralions' by inspiring confidence, nurturing amblilon, and openlng pa￿v￿Y5 to educatl¢)n, tralnlng, and careers. Through Its projects and fadlltles, the charlty alms to Onsuwo that People of 011 ages, backgrounds, and abilities feel represented. supported, and equipped to Ihrive, To as8e8s progress agalnst these aims, Ihe charty monitors a range of Indicators, Including partlclpation levels. beneficlary feedback, achievement of project-speclfic outcomes, sthool and partner feedback, volunteer Involvement. and Ihe attainment of extemal Inspoctlon9 wthere applicable. These rneasures enablo tho trust808 to evaluate wh6ther the charty's actlvlues are contlnulng to fvrtherlls charitsble purposes. Th8 communty prolacts dellvorad durlng the 2024-25 financlal year to help dollver the charlty's alms indude: Bumley Community Kitchen Foodbank- dellvering a foodbank service wrlhln the local communlty; Health & Fitness - a range of programmes across mental health, weight loss. walklng 8POrt8, over 50's groups. GanGer rehabilitation and dementia supwt; Champlons- a youth custody Interrfantlon programme; Veterans - a range of programmes supportlng armed forcas veterans: Premior League Kicks- offering free sport to 8-18 year olds,. Premier L88gue In$plre8- supporting 11-25 year old8 who arn rnarglnalised or at r¢sk of not reaching their potentlal., Premiei League Primary Stars- working to inspire primary sch(￿1 children: Schaol8 Montal Wellboing - Wo￿n9 In secondary sch<)018 to support students struggling wlth mentsl health Issues: Ernployabilty- helping young people into work.. Higher Education Partnership - an a¢ademic and sport programme providing a bTldge belwa8n grassFOOts and academy sport. aarets In The Communlty Umited -Annual Reportand Financial Statements 2024-2025 CLARETS IN THE COMMUNITY UMITED TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 30 JUNE 2025 Female Football - provldlng greater accesslbilty and incluslvlty for female foolballers: Foolball & Sports Development In¢re8slng communlty p8rtl¢lpatlon 8cr088 varfous 8P¢)rts includirKJ through hollday camps and worklng wlth r8fiJge8s' Prernier League Fans Fund - slrengthenlng the connections between foott￿lI clubs and their fans and local ¢omrnunities', Natlonal Cltlz8n S8Nl¢e - a p8r80nal and soc181 deVelo￿￿nt program for 16-17 ye8r olds: STEM elevating chlldren's èducation through Science, Technology, Englneerlng, and Mathematics. Bumley FC In the Communlty also continues to operate Iwo lacilitl6s: The Whitehough Outdoor Centre in the Borcyjgh of Pendle. Having first open8d In 1938. the site has been operated by Bumley FC in the Community since 2018. The outdoor educats'on faixlity offering a varlety of actlvlties and caters for School, not-for%)rofit, Corporate and family use. The L6lsure Box communlty lelsure facllty In Ihe Borough of Pendle. Opened In 2019, the converted mill consists of an indoor p6tch, outdoor p6tch. sports hall, padel court, cllrnblng wall. and gym. The fecilty is open to the public b%*bilst also promdlng an essentlal base for many of the charlty's progr8mmes. Includlng hollday rAmps. The subsidised gym meMbe￿h1p of £9,99 per month h&hlights Iha charty's de8lre kn provlde communty facilities at an affordable prlce. The charlty 18 8 publlc b8nefft antlty and the tru81ees have had regard to the Charlty Commlsslon's guldance on public benefits in carylng out the activmles of the charity. chlevemenls and Performance Over Ihe past year, our charlty ha8 contlnued lo ddlver agalnsl tt8 core plllar8 of 8POrt, educatbn, health and wellbeing, targeled interrfentlon, and communlty Inclusion. Acioss all programmes, we engaged 28,624 pèopl•, rell8cling tho breadlh of our reach delivering community prolects in 8umley and the wider région Our foolball pathways have gone from strength to strength. In the bvomen's game, 450 females part¢cipaled woss the season. with 76 players progressing through our Playor Developmont Centres and Emerging Talent Centres. A notable hlghllght came when England legend Raehél 8rown-Finnis vlsRed our Women's Junlor8, Irk8plrlng the next 9gneratlon. Beyond football. our wder 8POrt development Inlllallves contlnued to grow. More than 650 children took thelr firsl 8t8P8 Into football through Introductory 8eS8lons, whllo 1,801 ¢hildrenJoln•d our 8Ctlviiy camp8 a 41 #A Incr88s8 from the provious year. Walklng football particlpatlon rose by 41 Y•, demonstratlng our cornmltment to lif8long sport. Matthday packages also engaged 543 players. connedng gr8ssrools parts¢ipants wlth th8 professional game. ns Education romained a cornerslone of our work. Through Prèmier League Primary Stars. we reached 8,510 children, embedding leaming through sport. Our STEM wogramma engaged 3.331 chlldren and was natlonally recognlsed wlih a Bronze Award at the Footb811 Buslnass Awards 2025 for Best Corporale Responsibility Scheme. Wo expanded our health programmes to meet growlng communlty needs: 136 partlcip8nls and thelr famllles were supported Ihrough dementla inilialves, whlle 515 young people aKessed poer support via our Schools M8ntal Wellbeing ProjecL Dedicated programmes ￿ached 196 partlclpants livlng with ancer and Parkinson's, and our Clarets W8lcom8 Inltl8llv8 halped 34 r8fuge8s find connectlon and bèlonging. Ovar 40 woman from South Asian communlllès èng8ged wilh our Progresslon nol Perfgctlon prcgramm8 8a¢h week. breaklng down barrlers ￿ P8rt1¢ip8tion. aarets In The Communlty Llmited-Annual Report and Financlal St•ternents 2024-1025 CLARETS IN THE COMMUNrrY LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 30 JUNE 2025 eted intervention Our taryeted inleNentlons delivered measurable twt¢omes: 1,240 young people engaged through Premlor League Inspires, with 153 receiving 1.1 support to reduce youth crime. Feedback w8S over¥vhelmingly posltlve: 100010 of pupils rdted mentorfro Good or Excellent. 81Yo reported Improved behaviour. 890h raported greater ¢onfiden¢e and selfwe8teem. 840k reported Improved mental wellbelng. The Hatch employabilily programme supported 104 partldpants, an 11 % Increase on last yoar. Theso results undetllno the transfonnatlve effect of t8llor8d support. Su ortin Veterans Our V8terans programme provided both pracucal and emollonal support. 131 veter8ns and thoirlamllle8 engaged wlth our seDike$. whlle 51 vèterans ac¢88$ed employability initiatlves, le8dlng to 21 lob successes, including two wlthin our own org8nisation. Veterans 8150 contrlbuted 118 hours of community Service al Whitehough and volunteered their time at the foodbank. ramm ecesslble Premier League Kicks continued to be a powerful forGg for change. wlth 1.239 young people attending sessiorK8. One partlclpant, Imran. descrlbed how the programme gave hlm "a second chance at belng me,. hlghiightlng Its role In bulldlng reslllen¢e and r88pect. Events 8u¢h as sports day8 and trlps to Wolves ftjrther enrlched the experienrA. Our Llrnftless Clarets programme champlonod dlsablllty sport. 8ng8glng 343 young people and deliverfng over 230 hours of activty. Vistts from Burnlay men's first-leam pl8yors in celabratlon of International Sign Languages Day. arKI participatlon in the Premler League Disabllity Festival. showcased the Inclu8lvty and vlslblllty of tho prooramma. Out Our programmes dellvered tangible outputs - from thousands ol chlldren fjngaged in educatlon to hundreds of par￿¢1panIS supported In heamh and wellbelng, More Importantty, they created lasllng Impact: Improved confidence, better mental health, slronger communrty ¢oheslon, and pathways to employment. These impacts represent the ultimate expression of our perft)rmanca. showing how our work contributes to both individual live3 and wider soclety. The maln challenges dudng the year related to staffing cost pressures link8d to increases in the Natlonal Mlnlmum and Nation81 Living Wage, r15ing oper8llonal ¢osts, and signSflcant demand on welfar8- locused proornmmes such as Ihe loodbank. Despite these pressure6. the charfty delivered a slrong financial perforniance and malntain8d stabllty across 811 key actlvitie8. Looklry ahead. •xpérlence galned th18 year, partlcularly around rl8lng demand lor food support and Increasing pressure on young people's menial health, has directly informed the focus of the charity's new 202>28 strategy. Success will be measured r￿1 only In financlal resilience, but in the tsngible dlfference made across Burnley.. hoalthlor livos wher8 physical 8clivlty and wellbelng are accesslbla to all: empowered communities where Inclusion, represenlation. and meanlngful connecllons ￿duce isolation and stlgma: and ratsed aspirations where young people and adults are supported to bulld confldonce, pursue educatlon and ¢ar88r8, and see reallstlc pathways to progress. By embeddlng equ811ty, dlversity. and Incluslon across all programwes. the charily aims lo ensure that every IndSvldual. Tegardless of background or clrGUrnStance, feels valued and supported. aarets In The Ctsmmunlty Llmited -Annual Report and Flnancial Statements 2024-2025 CLARETS IN THE COMMUNITY UMITED TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 30 JUNE 2025 .Flnanclal Revlew The table below summarises the financial posltlon for tho financial years 2025 and 2024: Yèar ènd•d 30 Jun• 2025 Yur •nded 30 Juno 2024 Total irwming resources Total outgolng resource6 Not surplusl(deficit) for the year £3.871,853 £3.724.330 £147.523 £3.817,117 £3,611,742 £205,375 Cash at bank 8nd In hand Net cuThent assets £1.348.205 £940,455 £1,059.352 £883,465 Total incoming resources increased by 1Yo to £3.871.853. The level of core grant fundlng from the Premier League was lower due to the f¢)otball club playlng In lh8 EFL Ch8mplonship, however thlg was offset by th8 hlgher EFL lundlng avallable for being In Ihat division. plus other nvw fundlng stream$. Total oulgoing r880urc88 Increosed by 3% to £3,724.330. Stafflng c08ts face upwaril pr8&8um du• to National Minlmum Wage and Natlonal LI￿ng Wage Incxeases, plu8 the increas8 in employer Natlonal Insurance and thé reductlon to lh• secondary thT8shold. In light of these pr•88ures, tho outgolng resources were well managed. Due to the factors detailed above. the net result for the year was a surplus of £147.523. Whllst this Is a reduction frorn the surplus of £205,375 Ihe prior year, tt represents on& of the best year8 In the charlty's hlstory, partlcularly durfng an EFL campaign. Cash and cash equivalents at 30 June 2025 amounted to £1,348,205, an increa8e of 27% over the reportin9 perlod. The charlty torgets days ca8h on hand In ex¢es8 of eo days and the cash al 30 June 2025 represents days cash on hand of 129 day$, comfortably above ihe benchmark. Net current ass8ts Increased by 6% to £940,455. The charity targ8ts a current ratla of 1.1x and the ratio al 30 Juno 2025 was 1.95x, comfortably abov8 the ben¢hmark. Financially, rt has been another successful year for Ihe Charlty, It leaves the charlty on a strong footing to mitigate any fvture challenges. including potenlial relegation from the Prami8r League and the a850clated drop In core grant fundlng. and tho ongolng upward pre88ure on staffing costs. The charlty's fvndlng sources are dlverse. thus reduclng the rlsk of a decllne In Income from any partlcular source. The prlnclpal lundlng sourcès of the ¢haNty are as follows: Grant fundlng (40Yo of total In￿rne} - the moBt slgnlficant provlders are the Premier League Charitable Fund. Ihe EFL TrusL Ihe Football Associalion, Ihe National Lottery. BBC Children In Ne8d. Bumley 8orough Councll. the Armed Forces Covenant Fund Tnjsl. the Veterans Foundatlon, Islamic Relief. and UK Youth. In the case of the Premler League and the Premler League Charitsble Fund, the grant fundlng varies dependent on the dlvlslon of Bumley Football Club. Thls creates an element of rlsk slnce the football club's division is outslde the control of the charity. Whilst relegatlon from the Premier League to the EFL redLThS the Prernter League Charitable Fund grant Income, thls Is partially offset by the EFL Trust fvndlng on offer. The charity budgets accordingly and assumes the worst- case Sconado whon budg8ting for tha followlng season, untll th8 dlvlslon Is known. Donations (13% of total Income) - these are received from a wide range of organisats'ons and Indivldu818. Prolects, ¢ourses and educatlon {24% of total income) the char5ty dellvers a numbor of programmes In over 25 schools and colleges. Clarets In The Communlty Limlted -Annual Report and Financial Statements2024-2025 CLARETS IN THE COMMUNfTY LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 30 JUNE 2025 Trading incomg {11% of total Income) the charty's ￿ trading fa¢ilits8s piovide incroased dlver81ty to th8 charlty'8 Income. wth relatlvely stable eamlngs generated. Additlonally. the facllltles also provide valuable space to run many of the charity's own programmes, the in￿rne from whlch has been ellminated durlng the Inter¢ompany ￿n8011da110n. Fundralslng and sponsorship (9% of total Income) - this generates unrestricted Income for the charfty wlth relatlvely consistent retums over recent years. Fundraising events ihat were successfully held during the year include: Charlty Golf Day The Blg Burnley Breakout Communty Chaiity Dinner Turf Talk Live Other In￿me (3•A of total incomo}- a mlx of rentsl, Intarnst, and other Income. Al Und8r the Memorandum and Artlcle8 of A88oc18tlon, the charlty h88 the power to make any Invèstment whlch the trustees see fit and as necessary for carrying out the charitable activities. In addition, under the Memorandum and Art¢cles of Association, the charity may sel aside income a3 a reserve agalnst future •xpèndilure, but only in accordance with ils R08er¥e$ Pollcy. Durfng thè year, thè d)8rlty Invested some of its cash reserves into a cash deposit plarform. Such plaffoms allow deposlts to be placed wKh numerous financial instltLrtions, oveT a range of duratlons, vla Ihe platfom) wilhoul the complexlty ol openlng mulllple a¢¢ouThls. Thls anables good dlversific8llon of the savSng8 thus mlnlmlslng counlerpaty ri8k. The charity has a pollw of onty placino doposlts wlth investment grade Inslitutk)ns. Future cashllows are closely monltored and amounts are placed on deposlt a¢¢ordlngly, in order to maximise the interest rates on offer whilst retalnlng Sufficient headroom lo meet daY-t￿daY actlvitles. The account opened In March 2025 and over the 2025-26 financlal year Ihe charlty 8ntlclpats8 Interest income of at least £30,000. Durfng the year, Iho charity did not invest In any fiirther 8h8re8 In tts tradlng subsidiary, BFCITC Facllltles (Enterprlges) Ltd. The objective of having free reserves Is to enable the charfty to cope wrth unplanned events. Very often, Ihe effects of an unplanned event can be managed in the long-lem. but Ihe chaftty needs reserves In Ihe meantime. The trustees are worklng tOW8rd8 maintalnlng an overall tsrg•l l•v•l for free reserves which is èqulvalent to two months, not operating costs, where fixed 88sets are di$¢ounted when calcul8tlng the 18vel of resenies for the charity. The truslees believe this level is appropriate slnce the charlty has relatively predictable and diverse income streams. making it unlikely that all Income wlll reduce at once. Furthormorè. some staff are on fixed-term or casual contracts which can be terminated quIc￿Y followlng drop In fundlng. The trustees must monitor and ￿VIeW Ihe level of reserves at least annually. In Iln8 wlth the guidance issued by the Charity Cornmission: however, the level of reser¥es is rnonitored throughout the year 85 part of the nomal monitoring and budgetary reportin9 proce$se$. The level of reserves 1$ always dis¢ussed by the trustees at their qu8rlerfy governance meeling during the Flnance agenda Stem. The trustees acknowledge that Ihe level of resenies for Ihe tharty changes during the year and could either b8 8 good indicator of the undedying financial health of Ihe charity., or could be an indlrAtor of potentlal problems. Under the reserves policy. the tsrg8118vel of free reserves at the end of 30 June 2025 would be £826,622. Reserves al 30 June 2025 are as follows: Clarets In The Community Limlted -Annual Report and Flnancial StstèmÈnts 2024-202S CLARETS IN THE COMMUNrrY LIMITED TRUSTEES. REPORT (INCLUDING DIRECTOR8. REPORT) FOR THE YEAR ENDED 30 JUNE 2025 Asat 30 Jun• 2025 Total resgrveB Less tanglble fixed assets Free reserves 2,266.690 1,326,235 940.455 The free reserves are above the target and the level of cover is 78 days. Measures tsken by the twstees to Increa8e free rèseNes have sU￿eeded in brlnglng thls rneasure above the target. wlthout detrimenl of the overarchlng oblectiv8s of the charfty. Of the total reserves of £2,266,690, restrlcted funds totsl £1.127,918 not available for 98neral use. of whlch £1.009.685 relates lo restricted ¢apltal funds. None of the charity's unrestrided r8seNes are deslgnated. and there are no material amounts committed at the end of the reportlng period. Over the medlum to longer tem), in thè event that the Charlty bullds signlficant reseN6s, th8 tiust••s must: Identify when reserves are drawn on so that they und8rsland the reasons and can conskler the correctfve acthon. If any, that needs lo be taken. Identlfy when reserv616vels rlse $kgnlfi¢antty above target so that they urKlerstand tho reasons and can consld8r the correctlv8 actlon. If any, that needs to b8 takèn. Ensurè that Ihe ReseNes Pollcy conllnue8 to be rolgvant a$ the charlty develops or If lh• Jtrate9y and actprfities of the charlty changes. At the time of approvlng the annual report and financlal statements, the twstees h8ve a reasonable expectatlon that th• charlty h88 adoquats re8ource8 to ￿ntInu8 In oporatlonol •xl8tenco for the foresooable future. Prin I rlsks and unce les The principal risks and uncertaintles facing the charlty and its 8ubsSdlary undertakings, as idenofied by the charity tw3tees, and the mllfgatlons for those ri8ks 8ra follows: A reductlon In grant Income due to relegatlon from the Premler League or other factors. Thls Is rn￿981ed thorough con8errfatlv8 budgotlng. me8tlng the lrne reseNes target, and placlng relevant staff on fixed-lem contracts to match the guaranteed fundlng. Inadequate r8seni8s and Ilquldlty managèmont. The current and fvtura ¢ash posltlon Is monttored and reported regularlyto the CEO and Trustees. All assumptlons In the eash flow for8ca$t arg deady 81ated 8nd major 8en8lilvltl88 Are Idantlfi•d. Facilities risk. The rlsk that the charfty's trading facllities 8uffer repeated. un$ustainabl8 losses. The performance ol the facililies Is reported to Trustees through the production of departmentsl management accounts. Actual resulls are compared to budgets and any anomalies klentiried and Investlgated aC￿rdInglY. Wera 8 faclllty to underperfom) slgnlflcantly ovor an extended pedod of tlme, the charitys trustees would carry out a full r8vl8w to ensure perforn￿nCe Improves. Plans for futur erlods The charity recently adopted ils strateglc plan for the three-year period 2025-28 with a new mlsston, values, and strategic goals. Our mi4Lion: Togelher. using the power of football. we empower, COnr￿Cl and inspire people lo thrfve, Our values: Passlon, Integrfty, Incluslvlty. Reslllenoe Clarets In The Cornmunlty Llmlted-Annual Report and Flnancial Statements 2024-2025 CLAREfs IN THE COMMUNITY LIMrtED TrUSTEES' REPORT {INCLUDING DIRECTORS. REPORD FOR THE YEAR ENDED 30 JUNE 2025 te H Ithl rLI Alm: To br8ak down barrl8rs to physlcal adlvlty, champlon Indusive participation arKI pron￿te mental and physical wellbeing for people of all ages and backgrounds charlty wlll conllnue to evolv8 communty sport and wellbeing programme8 to meot local neèds. Sntegrat8 nutrllion and healthy lifestyle education Into schools and clubs, and strengthen menlal health support through stigma-free initialive6 rln Aim: To unlock poientkql and build meanlngful connecllons, through the power of sport, partnèrshlps and Ilved 8xperi8n&g to craatelastlng impact and opportunity for all. To adapt communlty hubs and programmes to,reflect the voice8 and Identttles of local p8opIe, increase volunteering and mèntoring opportunltles. and delfver hitiatives that reduce isolation, tackle stlgma, and celebrate dr¥erslty. Alm: To empower people to dream big. bulld confldence, and unlock thelr potential, croating finvlronmènts that nurture ambltlon, celebrate progr888, and 8park innovatlon To syow leamlng opporknnltles, pione8ring STEM and technology, and create onvironments that encourage innovatlon, problem-sofvlng. and vlslble role models for young people. The 2025-28 strategy bullds on10sgons learned from recent years. partiujlarly the rlslng demand for food support, increasing pressures on young people's mental health, and the n88d to embed equality. div•r8ity, and Inclu8lon acr08s all programme8. Structure Governanc• and Mana •m8nt anisa ion The company Is constituted as a company Ilmlted by guarantse (company number.. 08615704) and18 govémèd by Its Artleles of Association. The charlty Is registered with the Charlty Commlsslon {charfty number: 11558561. The charlty 0￿rat05 under its working name of'Bumley FC in the Communlty,. The charity conllnues to control its wholly ownad tradlng $ubsldlary: BFCITC Facilities (Enterprfses) Ltd, a company Ilmfted by shares (company number.. 10951684), which operalè$ Ihe Whltehough Outdoor Centre and The Leisure Box communlty leisure facility, both In the Borough of Pendle. The ch8rtty èlth8r adv8rtls8s for new trust888, or approaches Indlvlduals with the approprtate 8kllls andlor 8XP8rienc8 to contrlbute to th8 management of lh8 organlsallon. All tnjstees are appointed followlng a formal rec¥uitment process arrfl attend 8 comprohensfve Inductlon programme. All ol die trustees are members of the company. The Ilabllty ofeach m8mber by way of thelr gu8r8nlee to the company Is to contribute a sum not exceeding ten pounds to the assets of the Company. rf so required on the wlndlng up of the Mmpany. Trustee I uc ion an in New trustees undergo training on their legal obligations under charity and company law; the content of the Mernorandum and Articles of Assodation: the committèe and decision-making process., the buslnéss plan and recent flnancial parfomwnc8 of the Charity. During the induction traln5ng programme, Clarets In The Communlty Llmited -Annual Report and Financial Ststements 2024-2025 io CLARETS IN THE COMMUNITY UMITED TRUSTEES. REPORT IINCLUDING DIRECTORS, REPORn FOR THE YEAR ENDED 30 JUNE 2025 new trustees leam about the organisatton's purpose, history. aims and objectives. serrflces. staff and volunteers. facilities. security, funding, safeguarding requirements. residents. partlclpallon. strateglc Wofk. multi-agency involvement and partnership involvement. They also meet kay staff personnel to learn about their work roles. R8 Th8 remuneration of Ihe charws kay manapm8nt personnel 1$ set by annual r8v18w and confirmed by the trustee8. Th8 trustees are 811 volunteors and do not recelve any remuneratlon for thelr sorvIc￿. Rls na amen Tha trustees are awar8 ol tholr respon8lblllile8 to Idantlfy, a88es8 and manage th8 masor rlsks to whlch the charlty Is exposed. Duflng the year. the chadty has furthered its work on rl8k management m8king all Its 8taff and volunleer8 risk aware. All slaff and volunteers contlnue to have a good underslanding of their day-t041ay responsibllllles In managlng rfsk. Th8 charity maintains Its 'three Ilnes of defen¢e' model to help wlth the management of risk. The three lines of delence are threo sets of people who collaborate lo manage risk. A person may belong lo more than one Sot. however. each set as a whole maintains a degreg of Independence from the pr8cedlng set, and each set Is proadve and does not walt for the prec8dlng set to 'fall'; The first Ilne of defenco conslsts of all staff and volunteers. The second Ilne ol d8fenc8 consists of all management colleagues. The third Ilne of defence consists of the Chid Ex0¢Uthe Officer and the truslees. The charfty holds a Prlndpal Rlsk Invenlory, on wthlch all Idèntlfied rlsks 8re categorfsed and logged. Each rlsk18 glveTr a 8everty rating and a Ilkelihood ratlng and Is mapped lo 8 8erie8 of control8, In placé to mltlgale sald risks. Conver88ty, the charlty also h88 8 Pflnclpal Controls Inventory, whlch Ilsts all controls and maps thom to on& OT more risks as appropriale. Where there is a control whlch rnaps to more than one risk, Ihe charity ¢811s this a key control. The proce8888 In place to Identlfy. log and manage risk are revlewed annually. The maln rfsks currently Identlfled re18te to reserves and Iiquldlty m8nagem•nt: faGIIIVe$ rfsk., turnover of staff; and major InGklenls whlch could damage the reputatlon ol the charity ur8 of Infomi ntolh ntA Each trustee has taken st8PS that they ought to have taken ag a Irustee, In order to make themselves aware of any ￿leVant audlt Infomi8tlon and lo establl8h thet thè company's audttor8 are 8W8re of Ih8t Inform8tlon. Tho truste85 Confirm that there Is no relevant Snforrnatlon that they know of and whlch they know the auditors are unaware of. ent of Ind dent Auditors In accordance wilh the group's financial policies. the choieR of Independent audltor Is reviewed •v•ry three years. The nexi reviéw is due aheed of the audlt of the accounts for the year ended 30 Jun8 2026. A resolution proposing the cholce of audltor for next yearfs aCC￿nts will be put al o general meeting of tho dlrectors. Approved by the Board on". and signed on Its behalf by: 8 T Nelson Trustee Clarets In The Community Limited-Annu In3n¢l315t¥tements Z024-2025 li CLAREfs IN THE COMMUNITY LIMITED TRUSTEES. REPORT (INCLUDING OIRECTORS. REPORT) FOR THE YEAR ENDED 30 JUNE 2025 STATEMENT OF TRUSTEES. RESPONSBILMES - YEAR ENDED 30 JUNE 2025 The trustees. who are also the directors of Clarets In The Community Lirnited for the purpose of company law, are responsible for preparing the Trustees, Rgwt and Ihe financlal slatements in aC￿rdanCe with applSrAble law and regulatlons. Company law requlres the trustees to prepare finonclal statemonts for each flnanclal yèar. UrKler that law the trustees have elected to prepare the financlal ststements In accordance wllh Unlted Klngdom Generally Acc8pied Accounting Practlce {Unttèd Klngdom Accounting Standards arml applkablè law), Under compary18w. the t￿￿teeS musl not approve the financial statements unless they are satiSf￿d that they glvè 8 Irue and fair view of the state of affalrs of tho group and the company, and of Ihe Income arKI èxpendlture arAount for Ihat Porlod. In preparfng the8e finan¢lal statements. the tnJ8tees are requlred to: select suitable ac¢ountSng policies and apply them consislenlly,. make ludgements and accountlng estlmaleg that are reasonabl6 and prudent; observe methods and principle5 Sn the Charltles SORP. and prepare the financlal statements on the golng concem ba$ls unless It18 inappropriate to presume that the group and the company wlll ¢ontlnue in busSness. The tru8tee8 are Trsponslble for keeplng adequate accountlng rocord$ thal are sufficient to show and explaln the group's and the company's transactlons and dlsclose wllh reasonable accuracy at any tlmo the flnanclal posltion of the group and the company and enable them to ensure that the financial slatemenls comply wlth the Cornpgnl88 Act 2006. Tho trusto05 are also r88pMsible for sofeguardlng the assets of tho group and the company and henee for laklng rnason8blè steps for the prnvenllon and detecllon of fraud and other trregularttles. aarets InThe Comrnunlty Llmited-Annual Report and Flnancial Statements 2024-2025 12 CLAREfs IN THE COMMUNITY LIMITED INDEPENDENT AUDITOR'8 REPORT TO THE TRUSTEES OF CLARETS IN THE COMMUMrrY LIMrrED YEAR ENDED 30 JUNE 2025 Oplnlon We have audited the financlal ststements of Clarets In The Communlty Llmlted (the 'Charlty') for the year orbded 30 June 2025 which compd88 statement of financlal aCti￿ltieS. statemenl of flnanclal posltlon. the stat8ment of cash ftows and notes to the financlal statements, indudlng slgnificanl accountlng polEdes. The financial reporting framework thot h8$ been applled In th8lr pieparation Is applicable law and Unlt8d Kingdorn Accoun16ng Stsndards, Includlng Flnancial Reportlng Standard 102 Thg Flnancial Reportlng Standard appllc8bl8 In th8 UK and R8publi¢ of Ireland (Untt8d Klngdom Generally Accepted Account¥ig Practice). In our opinlon. thg Ilnanclal statemants: glve a true and fair Y￿W of the state of the charltable company's affairs as at 30 June 2025 and of its incoming resources and application of resources. lor the year then ended; have been prop8rfy prepared In 8¢cordance wlth Unrted Kingdom Generally Accoptod Accounting Practice; and have been preparod in accordance with the requirements of Ihe Companleg Act 2006. BaBl6 for oplnlon W8 conducted our 8udlt In accordan￿ wllh Intemalional Standards on Auditlng (UK) (ISAS {UK)} and 8pplicable law. Our responsibillties under those standards are further described in the Audltorfs r8sponsitslilie$ for the audll of fhe flnanclal $fatements sectton of our report. We independent of the Charlty In accordance wlth the othical requiremenls that ar¢ relevant to our audit of Ihe flnanclal statemenls In the UK. Including the FRC'S Ethical Stsnd8rd. and we have fulfilled our other ethical responsibilities In accordance with these requlrements. We belleve that the audit evidence we have obtalned Is sufflclent and approprlate to provbde a basls for our oplnlon. Con¢lu•lon• r•latlng eo golng con￿rn In auditino the financlal statements, we have concluded that the Trust8e8' use of the golng concom ba81s of accounllng In the preparatlon ol the financial stat•m•nts is approwiato. Based on the work we have performed, we have not identlfied any materlal uncertalntl86 relatlng to events or ¢ondition$ thal, indlvldually or colleclively. may cast slgnfficant doubt on th• Charity's ablllty to contlnue as a going concem lor a period of al least twelve months from %vhen the financlal ststements a￿ authorised lor issue. Our responslb115ties and the responslbllltles of Ihe Trustees wlth respect to golng concem aro d98crlbed In th6 relevant sectlons of this report. Other Infomiatlon The other infom)ation ¢omprt8e$ the information included In the annual report olher than the financial Statements 8nd our auditorfs report thereon. The Trustees are rospon6ible fof the other information contained wlthln the annu81 report. Our opinion on the financial statements doeg not cover tha other Infomalion and V￿ do not express any forni of assurance Gonduslon thereon. Our responsibility is to read the other infonnation and. in doing so. conskler whelher the olher inforrnation is materl81ty inconsistent with the financial Stalomonts or our knowledg& obtained in Ihe courne of the audit, or Other￿Se appears to b8 materlally mlsstated. If we identlty such material inconsistencl68 or apparent materlal mlsstalem￿t6. we are required to determine whether this gives rise to a materi81 mi6Statem8nt In th8 flnancial statements themselves. If. based on Ihe work have perfomwd. we conclude that there is a materi81 misstatoment of th1$ other Information, we are rnquired to report that fact. We have nothing to report in thls regard. Clarets In The C¢mmunlty Limited -Annual Report and Flnancial Statements 2024-2025 13 CLAREfs IN THE COMMUNfTY LIMITED INDepENDENT AUDITOR'S REPORT TO THE TRUSTEES OF CLAREfs IN THE COMMUNITY LIMrrED YEAR ENDED 30 JUNE 2025 Matters on whl¢h we ar• r•qulr•d to report by •xceptlon We hav• nothlng to report In re8pect of tho following matters In relatlon to whlch th8 Charfttes {Accounts and Reports) R8gulatlons 2008 require us to report to you ￿. In our oplnlon: the information given in the financial statements is inconsistent in any material ￿SpeCt wilh the Trustees. report: or sufflclent accounting record6 hav8 not been kept: or the financial statements are not in agreement with the accounting records; or we have not received all the Informatlon and 8xpl8n8tion8 ￿ require for our audit. Responslbllitles of trustoes As explalned more fully in the statom8nt of Tru8t8•s' re8ponslbilities, the Trnstees, who are also the directors of the Charfty for Ihe purpose of company law. are responslble for the preparation ol the financial statements and for belng sallsflèd that they gwe a true and fair view. and for such Intem81 control a6 the Trustees determine is necessary to enable the pr8paration of financlal statèments that ar• free frorn m8terlal mis¥taloment, whether due to fraud or error. In preparing th• financlal slatements. the Trustees are r8sponslble for assessing tho charit￿S ability to contlnue as a golng ¢oncem, disclosing. as applicab￿. matters related to going concem and using ihe going concem basis of accounting unl888 the Trustees eilher intend to liquidate the chadtable company or to cea88 operation8. or hav8 no reBll$tlc alt8matlve bul to do 80. Aud110￿* r•spon•lbllltl•• for th• audll ot th• flnanclal •lat•m•nts We have been appolnted a8 audltor under 8&cllon 144 of tho Charltles Act 2011 and r•port In accordance wilh th8 Acl and relevant regulations made or having effect thereunder. Our oblectlves are to obtaln reasonable assurance aboul whether the flnancial $t8tement8 as 8 whole are free from m8t8rlal misstatemenl, whether due lo fraud or error. and to issue an audllofs report that Includes our opinion. Reasonable assurance is 8 high level of assurance but Is nol a guarantee that an audlt conducted in accordance wlth ISAS (UK) will always detect a material missiatemenl when It exlsts. MIs5tatemenls can arlse from fraud or error and are considered material If, Indmdually or In the aggregate, they could reasonabty be expected lo Influence the economic declslons of users taken on the bas16 of these financial st8tem8nts. Ext•nt lo whleh th• audlt wa$ ¢on$id•r•d ¢ap•blo of d•toctlng Irregularltl•8, Ineludlng fraud Irregularities, includlng fraud, are instanc8s of non4ompliance with laws and regulalions. We de$lgn procedure8 In Ilne wlth our responsibllltie8, OUtlln8d above, to detect malerf81 mlsst8tement8 In respect of irregularities. induding fraud. The extent to which our procedures are capable of dètectlng Irregularlties, including fraud, Is detalled below. We Identify and assess the risks of material mSsstatemenl of the financial statements. whether due to fraud or error, and Ihen deson and pèrform audit procedures responslve to those risks, including obtalnlng audSt evldenco th81 is Sufficient and appropflate to provlde a basi8 for our optnlon. Clarets In The Communlty Llmlted -Annual Report and Financlal Statements 2024.2025 14 CLARETS IN THE COMMUNITY LIMITED INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF CLARETS IN THE COMMUNrrf LIMITED YEAR ENDED 30 JUNE 2025 IdentSfylng and assessln9 Potentlal rlsks related to Irrogularltles In Id8nllfying and assesslng rfsks of mat8rlal mlsstater￿nt in r8sp8ct of Irrègularities, Indudlng fraud and nonwcompllance with law8 and regulatlons. w8 hav8 consldered the followlng,. thé natur8 of the Industy and sector. control environmant and business perfomiance In¢ludlng the design of the Charlty's remuneration policies, key drivers for trustees, rernuneration. bonus levels and performance targets. resulls of OUT enqulrles of management at￿ul thelr own klantfflcatlon and as6e6sment of the risks of Irregularities; any matters w8 id8nltfied h8ving obtained and r8vl8wed the Charlty8 documentation of their pollcles and procedures relallng to: Sdentifying, evaluating and complying with laws and regulatlons and whether they were aware of any Instanc8s of non-compllance; detecting and responding to the risks of fraud and vthother they have knowledg8 of any aclual, suspected or 811eged traud: the Internal controls established to mltlgate rfskB of fraud or nonwc0mpl1an￿ wlth law5 and regulatlon$; the matters discussed amono the 8udit ongagement leam regardlng how and where fraud mtght occur in the financial stalements and any potentlal Indlcator8 ot fraud. As a rosult of these procedurns. we consldered tho opportunitios and incentlves that may exlst wlthln the organisauon for fraud and identified Ihe grealest potential ftx fraud in the following area8: tirning of recognltlon of commercial in¢ome. postlng of unusual ￿UrnalS and complex tran5actions', and manipulating the Charity's perfrymance profflt measures and other key performance Indicators to meet rernuneratlon tsrgets and extemally communlcatod targets. In common wlth all audlls under ISA8 (UK), we are also rnqulred to perfom specific procedures to respond to the rfsk ol managomenl overrlde. We also obtained an understanding of the legal and regu18tory frameworks that the Charlty operates In. focuslng on provlslons of those laws and regulatlons that had a dlred effect on the dotemlnation of mateflal amounts and disclosures in the financial statements. The key laws and regulatlons we consldered in this contexl included UK Compan￿$ Act, Charltles Act, employment law. health and 88fety. pen8loftJ laglslatlon and tax leolslatlon. .Audlt r•spon$• lo rlsks Id•ntm•d Our procedures to respond to risks identified Sncluded the followlng.. reviewing the flnancial Glatement dlsclosures and testing io supporting documentation lo assess compliance wllh provlslons of relwanl laws and rggul8tions descrlb8d 88 having a dlrect effecl on the financial statements: enquiring of management conceming actual and potential Iltigation and dalms., performlng analyilcal procedures to Identlfy any vnusual or urnxpected relationships Ihat may indlcate risks of material miss18lement due to fraud., reading mlnules of meetlngs of those charged wlth govgrnanc8 and revlowing correspondenco wth HMRC; and In addressing the identified risks of fraud through management overrkt& of controls. testlng the appropriateness of Journal entries and other adjustrnents: assesslng whether the judgements made in making accounting estlmates are indicative of a potential bias,. and evaluating the business ralionale of any slgnfflGanl transa¢tlons that are unusual or outside the nom)81 course of business. Uarets In The Cornmunlty Limited -Annual Reptsrt and Flnandal Statements 2024-2025 CLARETS IN THE COMMUNITY LIMrrED INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEE8 OF CLAREf8 IN THE COMMUNrrY LIMrrED YEAR ENDED 30 JUNE 2025 Owing to the Inherent Ilmttatlons of an audlt. there Is an un8vo￿able risk that we may not have detected some material misstatements In thè financial ststements, even though we have prop8rfy planned and performed our audlt In accordance with audhing 8tsndard$. For example, Ihe lurther removèd non- Compl￿nCe with Lqws and regulations {irregularities> Is from Ihe events and trar￿ctIonS re11ected In the financial ststements. the less likely the inherently Ilmfted proc4dures required by auditing standards would Identlfy it. In addrtlon, as wlth any audit, there rematned a hlgher dsk of non-dete¢tion of irregularlties, as these may Involve colluslon. forgèry, intentional omlsslons, misrepresentatlons, or the override ol intemal ¢ontrols. We are not responsible for preventing non-compliance and cannot be expected to detect non-compllanco wlth all laws and regulatlons. A further descrlpuon of our responslbilRi8818 avallable on the Financial Reportlng Councll'8 wabsite at: https.'Ilwww.frc.org.uklaudStorsr6sponslbllltles. Thlg descrfpiion fom8 part of our audltorf8 report. of Qur r•port Th05 report Is made 801ely to the charlty6 trustee8. 8$ a body, In accordance part 4 of the Charftles (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charftyls trustees those matt8rn we ale requlred to state lo them in an audllorfs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyono other than the ¢harlty and Ihe chariVs trustees as a body, for our audit work. for this report, or for the oplnlon$ we hava fofmod. Corl Dlxon BS¢ 090.902 16.191 3,374.857 733,075 18,075 3 299 001 Anatysl$ by fund Unrestrlctod fun0$ Rethcted general funds Rèatrietéd capital lunds 1.236,899 2,040,279 1.167.473 2,032.300 3 374 857 3 299 001 Cl?ret5 lftThe Q*mmunity Umlted -Annual Report and Fln•nclal Stattments2014-2025 CLAREfs IN THE COMMUNITY LIMITED NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 10 Support GOSt• Support Gov•Manc• CO81s Cogts 2025 2024 Slaff ¢0818 Klt costs Hospilallty Office c08ts V&hicl• costs Prohsslonal lees Insurnnce Equlpment lease costs Rent and 8errfic8 charg• Telephone and broadband Rep81Tr and malntenanco IT and equlpmenl VAT partlal exernption rngtricllon Loss on dl8po$al of tsnglblo flxed assets D•pr•ciailon 396,526 51,392 32.418 36.558 32.392 50.058 677 3.667 17,000 11.449 396,526 51,392 32,418 36,558 32,392 SO,OS8 677 3,667 17,000 11,449 451.102 69.181 22,614 31.032 31,259 381 3.080 17.000 10.922 247 400 80.824 492 36,866 492 36,866 638 21,407 21,407 28.833 Audlt fees Accountancy Other govemance c08ts 1S,100 400 691 16.191 15,100 17.450 625 691 707,093 690,902 751.150 Analyséd between: Ch8rttable activlles 690,902 7.966 698.868 7S1.150 11 N•t Incom• for th• y•ar l• stat•d aft•r ch•rqlnq 2025 2024 Deprecl8tlon Audilorfs remuneralk>n - statutory audlt fee Auditorfs remuneration - other 8ccount8n¢y 8erilca8 Operating leasa rentals 131.218 15.100 400 77.101 150,813 17,450 625 12 Staff costs 2025 2024 Wages and salarles Social secudty Costs Defined contribution pen8ion costs Defined benefft pension costs Olher employee beneffts 2,224.696 194,208 46.302 5.143 2.136,149 175,573 37,588 4,968 958 2 355 235 2 478 870 Clarets In The Communlty Limited -Annual Report •nd Flnanclal Statements 2024.2025 27 CLAREfs IN THE COMMUNITY UMrrED NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 12 Staff tosts (continued) The overage number of employees Includlng part tlme staff (oxcludlng tNSte66) analysed by functlon was.. 2025 52 10 14 76 2024 52 11 13 76 Dellvery ol charitabl• activiti8S Tradlng fac411118s Managamènt and admlnlstration of the charity In addition to the above. the charlty utllls8$ tli• seNlce$ of gesslorkgl workers on 28ro•hours contracts to cover staff absencos and perk)ds of high demand. During the year Ihe aver8g8 number of session81 worker8 u11118ed wo8 33 (2024.. 32). The number of employoes whose employee benoflts exceeded £60.000 was: 2025 2024 £110.001- £120.000 £100,001- £110.000 Key management have been detemined to be thè lour mèmbers of the manag8m8nt Executive Commlttee and the Head of Flnanco. The aggregate employment benefits pald to the key management personnel for the year was £368,023 {2024: £337,793). Durlng the year tho charlty pald radundancy and temiln8tlon payments of £2,366 {23024: £nU). 13 Tru6le08 Nono ol the tru8t808 (or any pftr8ons connéctod wlth them) re¢elved any remunerallon. expen868 or oth•r b•n•frt8 for the y•8r •nd•d 30 Jun• 2025 (2024: £nll). During ihe year. trustees collectivgty donaled £218,306 lo the group (2024.. £123,054>. Such donatlons are made elther personally or thorough 8nlitlo8 controlled by those tw6tees, Don8tion8 were typl¢ally made lo further the objectbve6 of particular programmes. howevw no condltlons ware attached to any of th8 donations. 14 Volunt•orn The charity has volunteeTS who give thoir time fr88ly acro88 to support varlous activttlos to support dellvery staff. In Ilne wlth Ihe Charllles SORP, no monetary value Is placed on tho contributlon of volunt88rs. Durlng the year the charity had 56 volunteers. 15 Tax•llon The charEty is 8x8mpt from tsx on In￿rne and galns falling within section 505 of the Taxes Act 1988 or sectlon 252 of the T8xailon' of Chargeable Gains Act 1992 to tho extent that the$e are applied to tt8 ¢haritsble objects, There Is no tax liability arising in the trading subsidiary: BFCITC Facillties (Enterprlses) Ltd. Clarets In Tht Communlty Llmlted-Annual Report and Flnanclal staiements 2024-2025 2B CLARETS IN THE COMMUNrrY LIMrrED NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 16 Tanglbla fixed assets Group L•8￿hold proporty and lrnpr•v•m•nts Molor vehlcl•s Olll¢•. Pl•y, Outdoor kllchon cllmblng •qulpm•nt and and olher ¢ompul•r •qulpm•nl 09ulpm•nt Total Cost At 1 July 2024 Additions Dlsposals 975.393 3.905 5.165 283,950 12,214 25,240 855,474 36.285 42,824 2,181,346 53.664 33,740 8,500 At 30 Juno 2025 975 393 270 924 34 124 2 181270 D•pr•clatlon Al 1 July 2024 Charge for tho ￿ar Dlsposa15 104,078 20,038 1,627 2,268 226,731 29.322 25.240 384,756 77.8 40,366 1.901 8.500 757,556 131.219 33,740 At 30 Jun• 2025 230 813 Net book valu• AI 30 June 2025 851279 429313 357 1328 235 At 1 July 2024 871317 470 718 2 258 1403 790 Charlty only Leas•hold PfOP•rty and Improv•m•nt• Motor v•hlcl•• Offic•, klt¢h•n Pl•y. cllmblno and oth•r •qulpm•nt Outdoor •qulpm•nt Tot•1 computer •qulprn•nt Cost At 1 July 2024 Addltlons Dlsposals 268.051 174,208 6,459 22,784 5.255 447.514 6,459 22,784 At 30 JUM 2025 268 051 157 883 D•procl•llon Al 1 July 2024 Charge for the year Eliminated In respect of dlsposals 24,782 2,948 124,172 24.035 3.503 1,752 162,457 28.735 22,784 22.784 At 30 JurNg 2025 125 423 Net book valu• At 30 June 2025 32,460 272 781 Al 1 July 2024 295 057 Ci•rets In The ComfflunSty Llmited-Annual Report and Flnanclal Statemènts 202+2025 29 CLARETS IN THE COMMUNITY LIMITED NOTES TO THÉ CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 16 T•n9lbl• fixed •ss•ts {Contlnu•d) Charyas In respect of the Group, within 'leasehold property and impmvements. and 'play, cllmblng and other equipment. there are items charged as securlty In favour of The Football Foundatlon and Sport England on a porl passu basis. The cE4rylng arrK)unl of such securlty at 30 June 2025 was £537,990 {2024: £550,292> In respect of leasehold propety Improvem8nts and £390,889 (2024: £468.424) In respect of play, climbing and other equipment. Cu•todlan Tru81••8hlp Dl8cIo8ur• No assets were hekl as ¢ustodlan trust88 durlng tho reportvig ￿riod. 17 Flx•d a88•1 Inv•8tm•nts Group Charfty only 2025 2024 2025 2024 ShareB in group undertaklngB 712.500 862.5C(I Sharns In group und?rtaklng• Sub8ldlary und•rtaklng• Total Cost At 1 July 2024 At 30 June 2025 2 040 001 2 040 001 2 040 001 Imp•lmi•nt Al 1 July 2024 Charge lor the year At 30 June 2025 1,177,501 1,177,501 1327 501 1327,501 N•t book valu• Al 1 July 2024 At 30 June 2025 862 500 712 500 712500 The subsidiary undertaklng relates to BFCITC Fa¢iliiles (Enterprises) Ltd (company number10951684). the principal activity of which is to operate and manage the Whhehough Outdoor Centre and The Leisure Box ¢ommunty ￿tsUre centre both in the Borough of Pendle. Since openlng In April 2019. the Leisure Box has struggled to achieve its original fin8nc5al targèts du• the muttlple challenges brought about by COVID. high energy ¢0sts, and cost of Ilving pressuros ich have negatively impacted dlsposable Incomes. However, the faclllty Con￿nueS to operate with a sustainable finanGial model. It offers substantial free usage to many participants, and it provid85 an essentlal base for many ofthe charity's own projects. Pursuing profits at the expense of u￿1[saI￿on would hinder th• origlnal. charltable oblKtlv•$ of the facility and thg Intenllon to provlde subsldlsed lel$ure facilities to those who need them. The Inveslment in BFCITC Fa¢Alities {Enterprises) Ltd Ss being impaired over 10 yeBrs to nll value. to rgllect Ihal The LeSsure Box Is targeting a breakeven financlal performanc8 rather than generating excess profrts to feed back Into the charlty. As suth, no addltional value is currently allocated based upon expetstlons of future profitsblllty. Clarets In The Communhty Umlted -Ar)nual fteportand Flnancial Statements 2024-202S CLARETS IN THE COMMUNITY LIMITED NOTES TO THE CONSOUDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 17 Flx•d assat Inv•$lm•nts (Contlnuod) 8FCITC F•¢llltl•$ {Ent•rprf••8) Ltd: Summary Statement of Flnanclal A¢tivltl•s 2025 2024 Tumovor Cost of 5ale8 and 8dmlnlBtratlon co8ts Finance charyos Net proflVO0s8) Amount 9ift 8id8d to tho Gharfty Retalnod In 8ubsldlary 678.820 (646.050) 670,943 {857.488) 32,770 <186,545) 32,770 (186,545) Summary Stal•m•nl ol Fln•nclal Actlvttles 2023 2024 Flx•d asuts Currenl assets . Currenl liabilili Total nel a$s•ls 1.053A54 193.345 177,499 1039,300 1.108.733 147.559 219,762 1.036.$30 Called up share capltal Profil and loss axount Aggregaie sharn capital and re8eNes 2,040,001 970 701 1089.300 2,040.001 1,003,471 1036,530 The subsldlary has 8 negative profll and loss a¢￿Unt at 30 June 2025, therefore no profit has been pald by glft ald to the charfty. 18 Dèbtors Group ¢h•rfty only 2025 2024 2025 2024 Amount8 falllng du• wllhln on• y•ar: Trade debtors Prepaymenis and a¢¢ru•d InGome Du8 from group undertaklng8 Value added tax Other dobtors 155,444 201,898 200,829 172.428 $4,758 157,066 27,957 13,579 228 344 116.617 134,792 96.435 9,803 170.000 527 647 13.579 228 344 599.263 9,803 170000 553.060 Amounts falllng du• a￿r mor• than on• y•ar: Olher debtors Total d•btors 721 149 481,704 695 736 Cl¥ets In The Communlty Limf(ed -Annual Report and Financlal Ststements 2024-2025 31 CLARETS IN THE COMMUNrrY UMrrED NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 19 Credltors: amounts falling due wfthSn ono year Group Charlty only 2025 2024 2025 2024 Trade creditors Value added tax Other taxes and sw818ecurlty Penslon costs Accru81s Deferred Ir￿me 189.414 13.242 48.866 7.694 79.466 670,331 1.007,013 . 91,529 18,156 40,104 7,403 89,206 650,638 897,036 137,078 38,532 46,866 7.694 80.902 604,931 857,471 40.104 7,403 78.839 608.833 773.711 21 20 Cr•dllor•: amount• falllng du• •Jft•r mor• th•n on• yoar Group Ch*rhy Only 2025 2024 Not•s 202S 2024 Defeff•d In¢omo 21 188 088 168 088 21 D•f•rr•d Incom• Group Charlty nty Balance al 1 July 2024 Rele888d from prévious year Rer•ourc88 deferred in the year 818.726 (575,229 426,834 776,921 <533.424> 361.434 D•f•rrnd Incom• •130 June 2025 670.331 604.931 Deferred Income Indudes granl Income from Ihe Amed Forces Covenant Fund Trust. Bufnley Coundl, Football Assoclauon. Fort Vale, Great Places Houslng, Islamic Rellef. KFC Foundation. Lancashire and South Cumbrla NHS Foundellon Tru81. Lancashlro FA, Natlonal Lottery, Premier League, Sport England. Spring North. Travls Perklns. UK Youth. V8leran8 Foundation. and W8rburton8. The grants stlpulate the perlods over whlch the funding applles and the charitable activities must b8 deliver8(1. Deferred Income also includes Income Irom varlous sponsors. school8 and sports club8 wh8r8 bllllng bs in advance for 88¢h seryice provld8d. The Income Is deferred over Ihe duration of the grant or the porlod of the servlce. Dèlerred income is also recognised on donalions received from forrner club shareholders. Such donations can only b8 u88d on quallfylng purchasos from Bumley Football Club. The donations have been d81erred and 8re released upon their utilisation. 22 R•tlr•m•nt b•n•fflt •ch•m•• The charity OP8Tates a defined contributlon penslon scheme for all quallfying 8mployee5. The assels of the scheme are held separately from those of Ihe charlty In an Independently admlnlst8red fund. The ¢harlty also ¢ontrlbules to a defined benefit rellrement scheme operated by Ihe Lancashlre County Pension Fund regarding on¢ employoe who join6d the charlty on a TUPE arrangement frorn LancashKe County Councll. The total charge lo the Statemenl of FSnanclal Actlvilies In respact of retirement bèn6fft Schemes was £51,445 (2024: £42,556) Clarets In The Community Llmlted -Annual Repirt and Finan¢lal Statements 202+2025 32 CLARETS IN THE COMIIUNITY LIMITED NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 23 Analysis of charhablo fundg For th• y••r tnd•d 30 June 2025: Group Balanc• •t 1 July 2024 comlng R•sourc•$ R•￿ul¢•I .•xpand•d Tran•f•rn Bal•nM at 30 June 2025 Unre•trl¢t•d funds G8n8ral fund8 Designated fvnds 798,270 1,638.967 (1,350.593) 54,128 1,138.772 798 270 1636 967 1350 593 1138 772 Rgstrfcted general fund• Governance & op8ratlon8 Food bank Health & fitness Champions Vetaran8 Pr6mler League Klck$ Premler League Insplres Premier League Prlmary Star8 Schools mental wgllbelng Employablllty Hlgher educatlon partnershlp Glrls Emerglng Talent Centre Football & Sports Development Premier League Fans Fund Natlonal Clllzen Service STEM Events 500 122,304 212,789 116,569 177,266 257,992 125,450 312,380 211.610 80,421 377,665 38,200 46,783 25,478 44,587 77.295 (164,364) (150.376) (137,552) {138,462) (150.613) {237,785) {112,620) (334,050) (216,696) {55,763) (363,348) <33,753) {42,108) <15,810) {54,121) (61.041) 163.864 79.153 8.325 22.734 51.081 28.438 (55.124) (841 > (22.313) (20.207> (12,830) 13.361 5.086 (52.805) (14.317) <6,9771 (4,675) (10.604) (15,545) (20.000) 201 8.309 40.547 12.400 2.530 3,114 25,079 23,542 2.178 19,796 213333 2 275 858 118233 R•strlcl•d ¢aplt•l lund* Trodln9 f8cllltle8 1 107 564 1009 685 Total fund8 2,119.167 3 871853 3 724 330 2 266 690 Clarets In Th¢ Comfflunlty Urniled -Annual Report and Financial Statements 2024.2025 33 CLARETS IN THE COMMUNITY LIMITED NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 23 Analy$ls of charitable funds Iconllnued) For tho yaar end•d 30 Jun• 2025: Company Balance at 1 July 2024 In¢omlng Rosoufc•B Resour¢•s expand•d Transfers Balan￿ at 30 Jun• 2025 Unr••tr1￿•d funds Gen8ral fvnds Designated funds 158.238 1.080,486 1715,353) <295.250) 221.041 158 238 1080 486 715353 295.250 RMtrt¢t•d g•nèrnl funda Govemance & operatlons Foodbank Health & fitness Champlo Veterans Premler Leagué Kick8 Promier League Insplres Premier League Primary Star8 Schools mental wèllbelng Employablllty Hlgher educatlon partnershlp GSrfs Emerging T8lenl Cenlre Football & Sports Development Premler League Fans Fund Natlonal Chtlz•n SeDilce STEM Events 500 122,304 212.787 116,569 177.266 257,993 125,450 312,379 211,610 80,421 377,665 38,200 46,783 25,479 44,588 77,295 {421.178) {150,376) <178,982> 1139,114) (158.613) <257,402) (112,699) {334,807) (216,696) 155,763) <363,431) (33,978) {43,827) {15,811) (54,122) (81,041) 420,678 79,153 8,325 22,734 51.081 28.438 {13.692) {189> {14.313) (591) (12,751) 14,119 5.086 (52,805) (14,234) {6,752) {2,956) (10,604) (15,546) 4.340 8.309 40,547 12,400 2,530 3,114 25,079 23,542 2,178 19,796 201 295 250 213 333 2 234 886 2 625 236 118233 R•strlGted Capttal funds Trading fadlitles 1670 614 Total fund8 1945 135 3 315372 3 343 538 1909 888 Clarets In The Communlty Llmlted-Annual Report and Fknanclal Statements 2024-2025 34 CLARETS IN THE COMMUNITY UMtrED NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 23 Analy818 of ¢harltsbl• fund• (Conllnued) Unrn$trlthd funds Unr88tri¢ted funds are avallable to bo spent fly any purp08e of the charlty. Rostrlct•d funds Rostrict8d funds 8r8 th088 funds where tha Income receivod is restrfcted to provlde 8pecfflc programmes and adlvltles, with lurth81 details of each fund b810w. Govemance & operatlon$ Central staffing and office costs allocated to r88trtcted actlvltles. Foodbank A parlnershlp whh 8umW Togother to dellvor a foodbank 88rvl¢e wlthln th• local communlty. H•alth & fftn•$s A rangè of pro9ramm•s Includlng mental health, walght108s, walklng sport8, ovor 50's groups. cancer rehablllt8th)n and dementia support. Champlons A youlh custody Intervorrtbon partnershlp wlth Lancashlre Pollce worklng wlth young offendorn. V•t•ran8 A range of programmès supportlng arn￿d forc•8 veteran8. Pr•ml•r L•agu• Klck$ Dovelopod by the Promler League. a programme offorlng Iree baseball, crlGket, cllmblng, football, muttl- sports and netb8118esslon$ for young poople aged 8-18 yearn old. Pr•ml•r L•agu• In•plr•s Developed by the PTrmler League, a prograrnrne supportlng 11-25 year old8 who aro maryinalls8d or al dsk of not reaching thèlr potentlal. Prnml•r Loaguo Prlm•ry Stsrn Developed by the Premler League, a programme to inspire prlmary school children both Inside and outslde the cl88sroom, whilst underplnning 811 èlémènts wlth hlgh-quallty léachlng m8l•rlals that cover Engllsh, Maths, PE and PSHE. Sehaols m•ntal w•llb•lng A programme whereby a team of mental wellbelng workers are placed wlthln secondary 8chool$ across 8umley and Pendle. to provlde an early interventlon to support students who are struggllng with mental h881th188ue8. Employablllty A range of programmes aimed at helplng young people Into WOTk through the developmenl of essentlal skllls. und8rstsnding the Job mafket, and supporting thelr Iran8ition inlo work. Hlgh•r •dueation p•rtner8hlp A partnership with hlgher educallon provlders to bridge Ihe gap belween gr8s8roots and academy sport. The progr8mme enables particpants to combine academlc studies wllh practical sport experience. Glrf8 Em•rglng Tal•nt C•ntr• Developed by the FA, a programme to provlde greater accesslbllity to the player palhway and more inclusivity lor female players to enhance player development. Football & Sports Dev•lopm•nt A range of programmes promoting community participation across various sports including football, cricket and netb811. including chlldren's 8¢tivity rAmp$ and walking sports. Clèrets In The Communlty Llmifed -Annual ReFKJrt and Fininclal Statements 2024-2025 35 CLARETS IN THE COMMUNITY LIMITED NOTES TO THE CONSOUDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 23 Anatysls of ¢harltable funds (Contlnued) Prernler L•ague Fans Fund Developed by the Premier League. a fund lo support football clubs to strengthan connections with their fans and local cornrnunlt508. Natlonal Cttlzen S•rvlce The Nallonal Citizen Service (NCS) Is a personal and soclal development program for 16-17 year olds funded by the Govemmenl to Create 'a country of connecled, confidont and carlng cRlzens vthere everyone feels at home, STEM A programme aimed at elevatlng chlldren's educatlon through Sdence, Technology. Engineering. and Mathem81Scs (STEM). Ev•nts Events organised by the charty, such a$1he Intematlon81 Votorans Foolb811 Toumam•nl held in June 2025. Tradlng Facllltles The Whltehough Outdoor Centre and The LelGura Box communlty lelsure la¢lllty, both In the Borough of Pondlo. Clarets In The Communfty Llmlted-Annu¥l Ileport and Fln•n¢lèl Statement$ 202&2025 36 CLARETS IN THE COMMUNrrY LIMITED NOTES TO THE COPISOLIOATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2026 23 Analysls of charltable funds (158.543) 798.270 1582 361 1,269 036 798 270. R••trict•d g•ngral lund• Govomance & operatlons Food bank H881th & fitn888 Champions Veternns Premler League Klcks Premler League Insplres Premier League Primary Sl8r8 Schools menlal wellbelng EmployabS11ty Hlghèr 8ducatlon partn8r8hlp Glrls Emerglng Talent Contra Footb811 & Sports Development Premier L889ue Fans Fund Natlonal Citizen Servlce STEM Trading Facllllles 83,322 215,484 127,470 108,567 88,696 230,756 117,980 310,028 228,309 56,563 418,905 35,2SS 50,679 6,958 77,316 53,272 (217,163) (161,562} <100.608) (83.885) (94,625) {260,977) (121.894) <300.225) (255.609} (39.746) <434,981) (32,725) (51,657) (3,594) (44,384) (14,647) 133,841 25.231 14,551 79,153 8,325 22,734 (33,088) (1,948) 5,929 30,221 3.914 (1,494) 27.300 8,309 23,730 40.547 16,078 2,530 978 (250) (7,853) (15,083) 3,114 25,079 23,542 2 234 756 2 243 478 213 333 R•strlct•d capltal funds Tr8din9 f8cll1￿eS 1206 792 1107 564 Total lund• 1.913.792 817 117 3 611742 2 119 167 Ckrets In The Communlty Limlted-Annual Report and Financlal Ststemer*ts 20242025 37 ¢LAREfs IN THE COMMUNITY LIMITED NOTES TO THE CONSOUDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 23 AA•Iys16 of charitable funds (Contlnu•d> For the y•ar ended 30 Jum 2024: Company Balan¢e at 1 July 2023 Incomlng R•soure•s R•sourc•s expandod Trnn8f•r• Balan￿ at 30 Jun• 2024 Unr•strl¢t•d funds General funds Deslgnated fund6 63,190 1.063,155 (607,070) (361,037) 158.238 63.190 1063 155 607 070 168 238 R••trleted g•Mrnl fvnd& Governaneh & operatlon$ Foodb8nk Health & fitness Champlons Vetsrans Premler League Kick8 Pr8mleT League Insplres Premier League Primary Stars Schools mental w8llbelng Employabllty Hlgher educatlon partnershlp Glrls Em¢rglng Talent Centre Foott)all & Sports Developmenl Promler League Fans Fund National Citiz•n Serylc• STEM 83,322 215,484 127.470 108,567 88,696 230.756 117.981 310,028 228.309 56,563 418,905 35.255 50.678 6.958 77,316 {318,525) (161,562) (133,696) <85,833) (98,667) (291.027) (121,895) (301.719> 1255.609> {39,748) (439.398) (32,725> {54,563) <3,844) (52,237) 235,203 25.231 14,551 79.153 8,325 22,734 9.971 60.271 3.914 8.309 27,300 23,730 40.547 20,493 2,530 3,885 3,114 25.079 23,542 213 333 2 209 $60 2 420 776 361037 R•$trleted capltsl fvnd8 Trading facilitles 1576 513 1573 564 Total funds 1703 215 3 272 715 3 030 795 1945 135 aarets In The Communlty Llmlted-Annual Report and Flnancial Statements 2024-2025 38 CLARETS IN THE COMMUNITY LIMITED NOTES TO THE CONSOLlbATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 24 Analysls of net •A$ets botweon funds For lh• y•ar •nd•d 30 Jun• 2025: Vnre#lrlct•d funds R•strlet•d gonèral fund$ R•stricl•d capftal fund8 Totsl Group Fixed assets Net current assois Credttors: amounts falling due after mor8 than one year 316.$50 822.222 1.009.885 1,326,235 940,455 118,233 1,138,772 118.233 Company Flxed assets Net current assets Creditors: amount$ falllng duo after more than one year <585,333) 806,374 1,570.614 985,281 924.607 118,233 118233 1570 614 1909 888 For th• y•ar •nd•d 30 Jun• 2024: Unrgstrlctsd fund• R•strlct•d q•n•ral funds Ro8lvl¢tod pltal fund• Total Group Fixed assets Net currenl assets cred￿0￿.. amounts falllng due after more than one year 296,226 502,044 1,107,564 1,403.790 883,465 1168,088) 381.421 (168,088) 798 270 213 333 -1107564 2 119 187 Company Fixed assets Net current assets Creditors.. amounts falllng due after more than on8 year 1416.007) 574.245 1,573,564 1.157.557 955,668 (168,088) 381,421 (168,088) 158.238 1573 564 1,945.135 25 Oporallng lo•se commltments At the reporting dale the group and charlty had ouistsrKlln9 commltmenls for future mlnimum lease payrnents under non-cancellable operating leases, which fall due as follows: Group Charity Only 2025 2024 2025 2024 Wrthin one year Between one and five years In ovew five years 71,283 179.719 391875 fj42.877 74,289 185,882 420,375 33.514 26.576 31.788 56.028 87,816 Clarets In The Comrnunlty Llmfted-Annual fteport and FlnaKlal Statemen1$ 2024-2025 39 CLARETS IN THE COMMUNITY LIMITED NOTES TO THE CONSOUDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 26 Related party transactlons Tho charfty has taken th8 exeryfjon contalned wlthin FRS 102 kn dlscloslng transactlons wlth wholly owned subsldlarles as consolldated flnanclal ststements are prepared. Th• Burnley Football & Athl¢tk company Umlted I'8FC Trustees S A Hunt. A G Pace and M R Wllllams have all been directors of BFC durlng the period of these accounts. During the year. the group received Income from BFC totallSng £204,930 (2024. £197,081>. Additionalty. BFC provlded goods and serdces to the group totalling £160,432 12024. £155,006>. At 30th June 2025 the amount owed to BFC was £Nil (2024: £Nil). Thè Sutton Pendle Charft8bl• Tru¥t I'spcr) TNStee R Sutton is a truslee of SPCT. During Ihe year. SPCT provided servlces to the Group lotalllng £62.924 (2024.. £57,903). At 30th June 2025 the amount owed to SPCT was £32,042 (2024: £26,425). N•l8on & Coln• Coll•go fN&CC) Trust•0 D L Rothwell 1$ key management pernonnel al N&CC. Durfn9 the year. the group received Income from N&CC totalling £369.339 {2024: £390,764). Additlonally, N&CC provlded 8ervlc88 to the group totalllng £23,055 {2024: £13,580). At 3￿h Jun8 2025 the amount owed from N&CC was £Nil (2024: £36,109). Burnley Borough Councll ('BBC'I Forrnor trustee L Patel Is key manag8m8nt P8r8onn818t BBC and Irustofj A Anwar is the Leader of BBC. During ihe year. the group received income from 8BC lotalling £68.601 <2024.. £134.325). Additionally. BBC provided services to the group totalling £200 (2024.. £1,245}. At 30th June 2024 the amount ow•d from BBC wa8 £NII (2024: NII). ALK Capital LLC ('ALK) Trustees A G Pace and S A Hunt are key management personnel at ALK. During the year, the group rac8iv8d Income ALK tolalllng £300 (2024: £7.750). AI 30th Jun• 2025 th• amount owed trom ALK was £NII (2024: £NII>. 27 Controlllng party The rharlty Is under Ihg Mntrol of the tru8tees as noled In the trustees, report. 28 An•lysl• of not d•lrt The charity had no debl during the year. Clarets In The CommunSty Llmited-Annual Report and Flnanclal Statements 2024-2025 40 CLARETS IN THE COMMUNITY LIMITED NOTES TO THE CONSOUDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 29 Cash g•n•rat•d from op•rntlM¥ 2025 2024 8urplu8 lor th• y•ar 147,523 205.376 AdJustm•nts lor: Int8ro$1 roceS¥od Interest paid Depreclatlon ol tan9lbl8 flxed a86ets Profil on dlsp08al of tsngible r￿ed a888ts (17.840) 12.633 131,218 {1,987) 11,197 150,813 4,267 Movemonts In worklng capltal: Décr8ase l {Sn¢reage) In débtors (Decrease) l in¢￿ase In creditors 121.887 (58.112) (50.863) 65.480 CA•h gon•ratsd from operallon• aarets In The Cornrnunity Limited-Annual Report and Finandal Staternents 2024-2025 41