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2022-06-30-accounts

Charity registration number 01159325

Company registration number 09138052 (England and Wales)

YORK CITY FOOTBALL CLUB FOUNDATION

(LIMITED BY GUARANTEE)

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

YORK CITY FOOTBALL CLUB FOUNDATION (LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

Charity number

Company number

Registered office

Independent examiner

J P McGhee M I Coulson E L Whiting M A Jackson

01159325

09138052

York Community Stadium Kathryn Avenue Huntington York YO32 9AF

David Walker FCA 124 Acomb Road York YO24 4EY

(Appointed 26 August 2022) (Appointed 26 August 2022) (Appointed 28 September 2022)

YORK CITY FOOTBALL CLUB FOUNDATION (LIMITED BY GUARANTEE) CONTENTS

Page
Trustees' report 1 - 5
Statement of trustees' responsibilities 6
Independent examiner's report 7
Statement of financial activities 8
Balance sheet 9
Notes to the financial statements 10 - 18

YORK CITY FOOTBALL CLUB FOUNDATION (LIMITED BY GUARANTEE) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 JUNE 2022

The trustees present their report and financial statements for the year ended 30 June 2022.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and “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)” (as amended for accounting periods commencing from 1 January 2016).

Vision

York City Football Club Foundation was established in 2014 with the vision : “to support the local community by providing sport and physical activity; educational; social and healthy lifestyle opportunities, and ensuring that our contributions have a realistic opportunity of making a positive impact".

The fundamental aim of the Scheme has been to find ways of supporting the local community by providing opportunities for physical activity, social elements and enjoyment, as well as creating a pathway for development, talent and competition for all ages.

Origins

In 2007 York City in the Community (YCITC) was created by York City Football Club with a small team of coaches employed to embrace delivering football in the community, predominantly working within schools in the York area. The Football Club support for the programme has always been vital although over the years, the programme has grown immensely and developed a much wider focus by achieving charitable status as York City FC Foundation.

Impact

The impactful work of the Foundation is aimed at improving community cohesion; reducing social isolation and loneliness; addressing holiday hunger and young people’s health; promoting social prescribing models and partnership working in numerous guises with national, regional and local organisations and services across the City.

The Foundation also works hard to use their standing in the Community to raise awareness for relevant national campaigns including in recent years: Suicide Safer York; Cancer Champions and the homeless community and services in York.

Stats & Facts

Reaches nearly 2,000 people per week on average.

Age range of participants 4 to 88 years.

Offers a pathway for engagement & recreational to & talent routes in all programmes.

Works across the city of York, and the wider North Yorkshire geographical area.

Represented on York Youth Sector, Active York Strategic partnership for sport and leisure, Football Facilities Steering Group, Women & Girls FA Steering Group amongst other key partnerships.

Awards/Accolades

Winner of Best Project for Children 2019 – National League Trust.

Winner of Youth Group Provider 2018 Active York Sport Award for City Kickabout.

Winner of Best Project for Older People 2017 – National League Trust.

Winner of Active in York 2017 Active York Sport Award for Walk With York.

Lord Mayor of York Shine Provider of the Year Award 2013.

YORK CITY FOOTBALL CLUB FOUNDATION (LIMITED BY GUARANTEE) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022

Programmes

The Foundation offers a broad range of programmes providing opportunities; developing pathways and using the vehicle of sport and the power of the brand to make a difference, under the key headings of :

Sports Participation - Community & Female

Social Inclusion - Programmes to widen access to sport for disadvantaged groups

Health & Wellbeing - Programmes centred on the health benefits gained from participation in sport.

Objectives and activities

The Charity identified three objectives for the coming years, which together contribute to achieving the vision:

The Scheme's main focus has remained football, with other sports delivered through the medium of multi-skills sessions to highlight transferrable sporting skills, but more prominence has been put on inclusion within sport.

The trustees consider that they have complied with their duty in Section 17(5) of the Charities Act 2011, to have due regard to public benefit advice published by the Charity Commission.

The charity's policy is to consult and discuss with employees, through unions, staff councils and at meetings, matters likely to affect employees' interests.

Information of matters of concern to employees is given through information bulletins and reports which seek to achieve a common awareness on the part of all employees of the financial and economic factors affecting the charity's performance.

Applications for employment by disabled persons are always fully considered, bearing in mind the aptitudes of the applicant concerned. In the event of members of staff becoming disabled, every effort is made to ensure that their employment within the charity continues and that the appropriate training is arranged. It is the policy of the charity that the training, career development and promotion of disabled persons should, as far as possible, be identical to that of other employees.

Achievements and performance

The year to June 2022 was one of recovering from the effects of the Covid-19 pandemic and getting back to “normal” providing support to groups facing the greatest inequalities in North Yorkshire.

The staff as ever have been tremendously flexible and supportive carrying out work for the purpose the Foundation was created, to help tackle some of the key social issues such as loneliness, mental health, lack of physical activity and specific health issues.

February 2022 also saw the celebration of the Foundation’s 15th birthday since formation (which is quite a milestone) with the distribution of 1,500 tickets to children through grassroots clubs, schools and charities.

Sports Participation

York City Ladies achieved “The double”, winning the County Cup and becoming League champions promoting them to Tier Four for the very first time in their history with matches against Leeds, Newcastle, Barnsley and others to look forward to.

Technical Director Steph Turnbull, Club Manager Rosie Todd, Assistant Manager Lee Robinson along with all the team and support staff deserve much credit and congratulations.

YORK CITY FOOTBALL CLUB FOUNDATION (LIMITED BY GUARANTEE) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022

The girls Regional Talent Club which has the highest Tier 1 status has continued to perform well. The EV, (audit) visit in November was very good with an overall result of “exceeding expectations” for the second year running.

Activities with schools continued to grow including the Healthy Holidays Project involving 10 schools and over 1,000 children. In March, as part of our Premier League Primary Stars education programme we had over 200 books to give out to our three PLPS partner school thanks to the Premier League and the National Literacy Trust

Our annual Junior Club Tournament took place having been missing for a few years due to Covid and bad weather. Over 100 teams took part in what turned out to be a hugely successful event with over 5,000 people attending over two beautiful days in June. Thanks are due to all the staff and volunteers who helped and to the club groundstaff for preparing the pitches.

City Tots aimed at pre-school children has re-commenced with a slow but growing take-up. Girls only Wildcat session re-commenced aimed at 5-12 year olds and were very successful giving girls a taste of football.

In February we hosted a 'Female Only Introduction to Coaching' workshop. Our pathway programmes vision is to 'Be Your Personal Best' and we take a holistic approach to developing players as young people; inspiring them and giving them opportunities to develop their knowledge on and off the pitch.

Health

Walking Football for both men and women continued to grow with taster sessions run for new players.

The Sporting Memories activities for those seeking fellowship and companionship continued to thrive and expand

and are very well supported.

Every Tuesday night we host our Boot The Blues Kick About session. Aimed at men who may have depression or other issues, it is an opportunity to get out the house for an hour or so and join in with some football in a safe environment helping mental and physical well-being with exercise. This began as a pilot in July 2021, and continued with funding throughout 2022 thanks to National League Trust.

We continued our league with Man v Fat, and sessions of activity aimed at encouraging weight loss at Burnholme with great success with significant weight loss recorded amongst the players.

Social Inclusion

Regular activities including Kick About sessions which encourage activity amongst youngsters in a safe but relaxed environment have continued weekly at two venues, along with up to 11 Parks over Summer 21 and Easter 22 with nearly two thousand young people being offered activity through the commissioned project.

Happy Healthy Holidays which has become a popular theme across the country, continued locally with hundreds of children involved who otherwise would have nothing to do and also have nothing to eat during school holidays, and continued to develop and sustain connections with the network of food share projects across the City and the Local Authority to ensure the families who need this most are targeted.

The Strensall Youth Club which takes place every Friday evening for 9-15 year olds continues successfully with numerous activities arranged and managed by Inclusion staff to give attendees something different to be involved with and to keep them off the streets. Our close partnership with the Strensall Ward Council is a reflection on the Councillors who have shown great foresight to consider Youth Voice in their area, as they recognise the value this can bring to their area.

Social Media Engagement

The team worked very hard to maintain momentum with social media, particularly Facebook and Twitter to great effect. There seemed to be something new every day which maintained the Foundation's profile. The recruitment of a new Media Coordinator in June 22, will be a great benefit going forward.

March 2022 saw a visit from Alex Brooker, the Channel 4 presenter and comedian. He spent the morning seeing the impact of National Lottery funding of Foundations and what the Foundation does locally. Coverage was excellent (including featuring Sporting Memories and Boot The Blues) on National TV and social media with excellent positive feedback.

YORK CITY FOOTBALL CLUB FOUNDATION (LIMITED BY GUARANTEE) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022

Sponsors

Throughout the year we have been incredibly fortunate to have attracted a large number of sponsors for our events, York City Ladies and initiatives. We are truly grateful for, without them, the Foundation could not operate. THANK YOU!

Financial review

There was a total surplus of £16,773 in the year, compared to a surplus of £17,268 in 20/21.

Unrestricted funds at the year end total £42,261, compared with £25,488 in 20/21. The Foundation had no restricted funds at the year end, or at the end of 20/21.

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to three month’s expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. The trustees have implemented policies aimed to maintain an acceptable level of reserves which have had to be used to an extent this year. We will work to replace those reserves as quickly as feasible.

This financial year, the Foundation has had to draw on some of those free reserves. The Trustees also felt it appropriate to defer income which was received for activities that had not been able to be provided at the point of the year end, with the aim to provide those to the individuals or provide refunds as necessary if this could not be achieved.

Equally, funding for a number of projects has been carried forward to reflect the time that this funding will be spent on the delivery of these projects.

The accounts also reflect a credit for funds from Sport England received after the year end, but sourced as Emergency Funding towards general running costs from April-July, so the period April to June has been covered in this financial year accounts.

Plans for future periods

Strategic Direction

Plans for the future in 2022-23 are to maintain the trajectory of recovery for the Foundation, and begin to grow capacity again.

The Foundation's endeavours will continue to reflect key agendas in the area of sport, inclusion, education and health and works closely with the sports development units, the local County F.A's, Active Partnerships, County Sports Networks, Funders, relevant networks and local authorities in order to complement not only their relevant sports and active recreation strategies, but also the work of other providers.

The Foundation's direction continues to reflect the needs of the community and at this time of uncertainty will aim to support those needs, which are expected to mean further increase in health and inclusion related projects.

We again give huge thanks to Paula Stainton our Foundation Manager who has been outstanding in managing the staff and programmes, working long hours and showing huge commitment. Phil Smith our Operations Manager and the remaining staff have all been terrific and we thank them.

After the year-end, following the sale of the football club, Jason McGill, Amanda McGill and Steven Kilmartin stepped down as trustees. We thank them for all their hard work and invaluable support.

YCFC Foundation will continue to focus on safeguarding it's future for it's beneficiaries and those who rely upon it's essential role in the Community, to ensure a lasting and positive impact.

Structure, governance and management

The charity is constitued as a company limited by guarantee and is therefore governed by its memorandum and articles of association. The company was incorporated on 18 July 2014 and obtained charitable status on 24 November 2014.

YORK CITY FOOTBALL CLUB FOUNDATION (LIMITED BY GUARANTEE) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022

The trustees who served during the year and up to the date of signature of the financial statements were:

J A McGill (Resigned 29 July 2022) A J McGill (Resigned 29 July 2022) S J Kilmartin (Resigned 3 August 2022) J P McGhee M I Coulson (Appointed 26 August 2022) E L Whiting (Appointed 26 August 2022) M A Jackson (Appointed 28 September 2022)

All directors of the company are also trustees and S Kilmartin was a trustee but not a director. The Board has the power to appoint additional trustees as it considers fit to do so.

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

Normally one third of the trustees retire by rotation.

The trustees' report was approved by the Board of Trustees.

J P McGhee Trustee

30 March 2023

YORK CITY FOOTBALL CLUB FOUNDATION (LIMITED BY GUARANTEE) STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 30 JUNE 2022

The trustees, for the purpose 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 year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity 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 charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

YORK CITY FOOTBALL CLUB FOUNDATION (LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF YORK CITY FOOTBALL CLUB FOUNDATION

I report to the trustees on my examination of the financial statements of York City Football Club Foundation (the charity) for the year ended 30 June 2022.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

David Walker FCA

124 Acomb Road York YO24 4EY

Dated: 30 March 2023

YORK CITY FOOTBALL CLUB FOUNDATION (LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30 JUNE 2022

Unrestricted
Restricted
funds
funds
2022
2022
Notes
£
£
Income from:
Donations and legacies
3
-
-
Charitable activities
4
221,071
175,488
Investments
5
2
-
Total income
221,073
175,488
Expenditure on:
Charitable activities
6
204,300
175,488
Net income for the year/
Net movement in funds
16,773
-
Fund balances at 1 July 2021
25,488
-
Fund balances at 30 June
2022
42,261
-		 Total Unrestricted
Restricted
funds
funds
2022
2021
2021
£
£
£
-
21,234
-
396,559
152,412
123,417
2
1
-
396,561
173,647
123,417
379,788
156,379
123,417
16,773
17,268
-
25,488
8,220
-
42,261
25,488
-		 Total
2021
£
21,234
275,829
1
297,064
279,796
17,268
8,220
25,488

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

YORK CITY FOOTBALL CLUB FOUNDATION (LIMITED BY GUARANTEE) BALANCE SHEET

AS AT 30 JUNE 2022

2022
Notes
£
Current assets
Debtors
11
1,155
Cash at bank and in hand
61,405
62,560
Creditors: amounts falling due within
one year
12
(20,299)
Net current assets
Income funds
Unrestricted funds		 2021
£
£
637
89,716
90,353
(64,865)
42,261
42,261
42,261		 £
25,488
25,488
25,488

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 June 2022.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The notes on pages 10 to 18 form part of the accounts.

The financial statements were approved by the Trustees on 30 March 2023

J P McGhee Trustee

Company registration number 09138052

YORK CITY FOOTBALL CLUB FOUNDATION (LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2022

1 Accounting policies

Charity information

York City Football Club Foundation is a private company limited by guarantee incorporated in England and Wales. The registered office and pricipal place of business is York Community Stadium, Kathryn Avenue, Huntington, York, YO32 9AF.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's memorandum and articles, the Companies Act 2006 and “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)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Government grants are recognised at the fair value of the asset receive d or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met . Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable . A grant received before the recognition criteria are satisfied is recognised as a liability.

YORK CITY FOOTBALL CLUB FOUNDATION (LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022

1 Accounting policies

(Continued)

1.5 Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to that category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

1.6 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

1.8 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.9 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

YORK CITY FOOTBALL CLUB FOUNDATION (LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2022

3 Donations and legacies

Total Unrestricted
funds
2022 2021
£ £
Grants receivable for core activities - 21,234
Charitable activities Sports
Social
Health & Well
Total
Sports
Social
Health & Well
Total		 Participation
Inclusion
Being
2022
Participation
Inclusion
Being
2021		 2022
2022
2022
2021
2021
2021		 £
£
£
£
£
£
£
£		 Income generated through charitable activities
156,368
44,393
20,310
221,071
120,161
9,848
22,403
152,412		 Performance related grants
98,903
66,197
10,388
175,488
81,282
26,078
16,057
123,417		 255,271
110,590
30,698
396,559
201,443
35,926
38,460
275,829		 Analysis by fund Unrestricted funds
156,368
44,393
20,310
221,071
120,161
9,848
22,403
152,412		 Restricted funds
98,903
66,197
10,388
175,488
81,282
26,078
16,057
123,417		 255,271
110,590
30,698
396,559
201,443
35,926
38,460
275,829		 Charitable trading income The charitable company also benefits from the involvement and enthusiastic support of its volunteers. In accordance with the Charities SORP, the economic contribution of general volunteers is not recognised in the accounts.
4

YORK CITY FOOTBALL CLUB FOUNDATION (LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2022

5 Investments

Unrestricted Unrestricted
funds funds
2022 2021
£ £
Interest receivable 2 1
Total 2021 £ 175,250 91,935 267,185 9,600 3,011 279,796 156,379 123,417 279,796
Sports
Social
Health &		 Participation
Inclusion
Well Being		 2021
2021
2021		 £
£
£		 83,786
56,279
35,185		 85,426
3,965
2,544		 169,212
60,244
37,729		 6,912
1,632
1,056		 2,168
512
331		 178,292
62,388
39,116		 97,010
36,310
23,059		 81,282
26,078
16,057		 178,292
62,388
39,116
Total 2022 £ 205,148 151,129 356,277 14,583 8,928 379,788 204,300 175,488 379,788
Sports
Social
Health &		 Participation
Inclusion
Well Being		 2022
2022
2022		 £
£
£		 134,423
40,216
30,509		 121,922
21,749
7,458		 256,345
61,965
37,967		 9,770
2,625
2,188		 5,982
1,607
1,339		 272,097
66,197
41,494		 173,194
-
31,106		 98,903
66,197
10,388		 272,097
66,197
41,494
Staff costs External costs in performing activities Share of support costs (see note 7) Share of governance costs (see note 7) Analysis by fund Unrestricted funds Restricted funds

YORK CITY FOOTBALL CLUB FOUNDATION (LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022

7 Support costs

YCFC support
contribution
Legal and professional
General office costs
Analysed between
Charitable activities		 Support
costs
Governance
costs
£
£
14,583
-
-
5,676
-
3,252
14,583
8,928
14,583
8,928		 2022
£
14,583
5,676
3,252
23,511
23,511		 Support
costs
Governance
costs
£
£
9,600
-
-
1,857
-
1,154
9,600
3,011
9,600
3,011		 2021
£
9,600
1,857
1,154
12,611
12,611

Support costs have been allocated to activities in relation to wage costs.

YCFC support contribution includes payments made to the independent examiner by York City Football Club Limited totalling £1,800 (2021: £1,700) for the independent examination of the financial statements.

8 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. No trustee expenses have been incurred.

9 Employees

The average monthly number of employees during the year was:

Full time employees (excluding Directors)
Sessional coaches etc
Total
Employment costs
Wages and salaries
Social security costs
Other pension costs		 2022
Number
9
3
12
2022
£
193,422
8,661
3,065
205,148		 2021
Number
7
6
13
2021
£
164,511
7,663
3,076
175,250

There were no employees whose annual remuneration was more than £60,000.

YORK CITY FOOTBALL CLUB FOUNDATION (LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2022

10 Taxation

The company is a registered charity and on the basis of these financial statements no provision has been made for corporation tax.

11 Debtors

Amounts falling due within one year:
Trade debtors
Prepayments and accrued income
Creditors: amounts falling due within one year
Other taxation and social security
Trade creditors
Accruals and deferred income		 2022
£
699
456
1,155
2022
£
1,423
7,773
11,103
20,299		 2021
£
-
637
637
2021
£
1,602
1,707
61,556
64,865

12 Creditors: amounts falling due within one year

Deferred income is included in the financial statements as follows:

£11,103 (2021: £61,556) in relation to funding for a number of projects to reflect the time that this funding will be spent on the delivery of these projects.

13 Retirement benefit schemes

Defined contribution schemes

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

The charge to profit or loss in respect of defined contribution schemes was £3,065 (2021 - £3,076).

YORK CITY FOOTBALL CLUB FOUNDATION (LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022

14 Restricted funds

Movement in funds Movement in funds Movement in funds Movement in funds
Incoming Resources Balance at Incoming Resources Balance at
resources expended 1 July 2021 resources expended 30 June 2022
£ £ £ £ £ £
Sports Participation 81,282 (81,282) - 98,903 (98,903) -
Social Inclusion 26,078 (26,078) - 66,197 (66,197) -
Health & Well Being 16,057 (16,057) - 10,388 (10,388) -
123,417 (123,417) - 175,488 (175,488) -

The monies received relate to grants received for the following purposes:

15 Analysis of net assets between funds

Analysis of net assets between funds
Unrestricted
funds
Restricted
funds
2022
2022
£
£
Fund balances at 30
June 2022 are
represented by:
Current assets/(liabilities)
42,261
-
42,261
-		 Total
Unrestricted
funds
Restricted
funds
2022
2021
2021
£
£
£
42,261
25,488
-
42,261
25,488
-		 Total
2021
£
25,488
25,488

16 Related party transactions

Transactions with related parties

During the year York City Football Club provided support through financial management and other management services to the value of £14,583 (2021 - £9,600).