**Registered number: 10071079 Charity number: 1167276**
# **MATCHROOM CHARITABLE FOUNDATION**
# **(A company limited by guarantee)**
**UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 JUNE 2022**
## **MATCHROOM CHARITABLE FOUNDATION**
## **(A company limited by guarantee)**
## **CONTENTS**
||Page|
|---|---|
|**Reference and administrative details of the Company, its Trustees and Directors and**|1|
|**advisers**||
|**Trustees' report**|2 - 3|
|**Trustees' responsibilities statement**|4|
|**Independent examiner's report**|5 - 6|
|**Statement of financial activities**|7|
|**Balance sheet**|8|
|**Notes to the financial statements**|9 - 17|
## **MATCHROOM CHARITABLE FOUNDATION**
**(A company limited by guarantee)**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND DIRECTORS AND ADVISERS FOR THE YEAR ENDED 30 JUNE 2022**
## **Trustees and Directors**
S J Hearn, Chair C L Godding, Trustee
C G Hearn, Trustee
E R C Lowy, Trustee J E Ferguson, Trustee
## **Company registered number**
10071079
## **Charity registered number**
1167276
## **Registered office**
Mascalls, Mascalls Lane, Great Warley, Brentwood, Essex, CM14 5LJ
## **Company secretary**
W F Barker
## **Chair**
S J Hearn
## **Accountants**
Barnes Roffe LLP, Leytonstone House, Leytonstone, London, E11 1GA
Page 1
## **MATCHROOM CHARITABLE FOUNDATION**
**(A company limited by guarantee)**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2022**
The trustees present their annual report together with the financial statements of the Matchroom Charitable Foundation for the period 1 July 2021 to 30 June 2022. The Annual report serves the purposes of both a trustees' report and a directors' report under company law. The trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 is not required.
## **Objectives and activities**
## **a. Policies and objectives**
The charity's objectives are to administer and promote grants, awards and donations to various charities in the United Kingdom from income received from a percentage of ticket sales to sporting events in partnership with Matchroom Sport Limited.
In shaping our objectives for the year and planning our activities, the Trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
## **b. Activities for achieving objectives**
The Foundation collects £1 from the sale of each ticket to sporting events by Matchroom Sport Limited and its subsidiaries, The Professional Darts Corporation Ltd, World Series of Darts Ltd and World Snooker Ltd (its Partner Companies) in order to fund its charitable aims.
## **Achievements and performance**
## **a. Review of activities**
Within the year we have received numerous grants from our core donators, which the Trustees have then decided the relevant charitable organisation to gift these incomes to.
## **Financial review**
## **a. Financial review**
During the period the charity raised £360,560 _(2021 - £14,039)_ in donations from the sale of tickets and distributed £491,500 _(2021 - £454,000)_ to UK charities.
The charity also raised £1,155 _(2021 - £626,783)_ in additional donations.
Page 2
## **MATCHROOM CHARITABLE FOUNDATION**
## **(A company limited by guarantee)**
**TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022**
## **b. Reserves policy**
Reserves of £155,057 _(2021 - £291,912)_ are held ready for distribution to selected charities following the agreement of the Trustees.
The chairty does not have a policy in respect of the retention of reserves. The funds retained at the year end are awaiting completion of the boards process to approve the distribution of the relevant grants.
## **c. Principal risks and uncertainties**
The charity's principle risk is its reliance on the sale of tickets to sporting events by Matchroom Sport Limited and its subsidiaries, The Professional Darts Corporation Ltd, World Series of Darts Ltd and World Snooker Ltd which determines the level of donations received.
## **Structure, governance and management**
## **a. Constitution**
The company is registered as a charitable company limited by guarantee governed by its Memorandum and Articles of Association dated 10 March 2016. The company is a registered charity with the Charity Commission with number 1167276. The company registration number is 10071079.
The principal address of the charity is Mascalls, Mascalls Lane, Great Warley, Brentwood, CM14 5LJ.
The company was incorporated on 18 March 2016.
## **b. Methods of appointment or election of trustees**
The appointment of Trustees is the responsibility and subject to the approval of the Trustees under the terms of the Articles of Association.
## **c. Organisational structure and decision-making policies**
S J Hearn - Chair, Director & Trustee W F Barker - Secretary J E Ferguson - Director & Trustee C L Godding - Director & Trustee C G Hearn - Director & Trustee E R C Lowy - Director & Trustee
## **Small companies note**
In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.
|Approved
by|order|of|the|members|of|the|board|of|trustees|on|
|---|---|---|---|---|---|---|---|---|---|---|
|_________________________________________________
Edward Lowy (Mar 21, 2023 10:31 GMT)
Edward Lowy
21 March 2023|||||and|signed on their behalf||by:|||
|**E R C Lowy**|||||||||||
|(Trustee)|||||||||||
Page 3
## **MATCHROOM CHARITABLE FOUNDATION**
## **(A company limited by guarantee)**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 30 JUNE 2022**
The trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial . Under company law, the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of trustees on _________________________________________________ 21 March 2023 and signed on its behalf by:
Edward Lowy Edward Lowy (Mar 21, 2023 10:31 GMT)
## **E R C Lowy**
(Trustee)
Page 4
## **MATCHROOM CHARITABLE FOUNDATION**
**(A company limited by guarantee)**
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 JUNE 2022**
## **Independent examiner's report to the trustees of Matchroom Charitable Foundation ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2022.
## **Responsibilities and basis of report**
As the trustees of the Company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company 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 Company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Since the Company'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 Association of Chartered Certified Accountants, 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:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 accounts to be reached.
Page 5
## **MATCHROOM CHARITABLE FOUNDATION (A company limited by guarantee)**
## **INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022**
This report is made solely to the Company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Company's trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Company and the Company's trustees as a body, for my work or for this report.
Signed: Andrew May
Dated: 24 March 2023
FCCA
**Barnes Roffe LLP** Chartered Accountants Leytonstone House Leytonstone London E11 1GA
Page 6
## **MATCHROOM CHARITABLE FOUNDATION**
## **(A company limited by guarantee)**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 JUNE 2022**
|**Note**
**Income from:**
Donations
**Total income**
**Expenditure on:**
Raising funds:
Charitable activities:
3
Support costs
_._ Other charitable activities
**Total expenditure**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Unrestricted**
**funds**
**2022**
**£**
**361,715**
**361,715**
**7,070**
**491,500**
**498,570**
**291,912**
**(136,855)**
**155,057**|**Total**
**funds**
**2022**
**£**
**361,715**
**361,715**
**7,070**
**491,500**
**498,570**
**291,912**
**(136,855)**
**155,057**|_Total_
_funds_
_2021_
_£_
_640,822_|
|---|---|---|---|
||||_640,822_|
||||_6,855_
_454,000_|
||||_460,855_|
||||_111,945_
_179,967_|
||||_291,912_|
The notes on pages 9 to 17 form part of these financial statements.
Page 7
## **MATCHROOM CHARITABLE FOUNDATION**
**(A company limited by guarantee) REGISTERED NUMBER: 10071079**
## **BALANCE SHEET AS AT 30 JUNE 2022**
|**Note**
**Current assets**
Debtors
8
Cash at bank and in hand
Creditors: amounts falling due within one
year
9
**Net current assets**
**Total net assets**
**Charity funds**
Restricted funds
10
Unrestricted funds
10
**Total funds**|**40,103**
**119,994**
**160,097**
**(5,040)**|**2022**
**£**
**155,057**
**155,057**
**-**
**155,057**
**155,057**|_125,157_
_171,555_
_296,712_
_(4,800)_|_2021_
_£_
_291,912_|
|---|---|---|---|---|
||||||
|||||_291,912_|
|||||_-_
_291,912_|
||||||
|||||_291,912_|
The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the trustees on _________________________________________________ 21 March 2023 and signed on their behalf by:
Edward Lowy Edward Lowy (Mar 21, 2023 10:31 GMT)
**E R C Lowy** (Trustee)
The notes on pages 9 to 17 form part of these financial statements.
Page 8
## **MATCHROOM CHARITABLE FOUNDATION**
**(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **1. ACCOUNTING POLICIES**
## **1.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Matchroom Charitable Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **1.2 COMPANY STATUS**
Matchroom Charitable Foundation is a company limited by guarantee, incorporated in England and Wales. The members of the company are the Trustees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £10 per member of the company. Its registered office is Mascalls, Mascalls Lane, Great Warley, Brentwood, Essex, CM14 5LJ.
## **1.3 INCOME**
All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
## **1.4 EXPENDITURE**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.
Charitable activities and Governance costs are costs incurred on the company's educational operations, including support costs and costs relating to the governance of the company apportioned to charitable activities.
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are notes as a commitment, but not accrued as expenditure.
Page 9
## **MATCHROOM CHARITABLE FOUNDATION**
**(A company limited by guarantee)**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **1. ACCOUNTING POLICIES (CONTINUED)**
## **1.5 INTEREST RECEIVABLE**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Company; this is normally upon notification of the interest paid or payable by the Bank.
## **1.6 DEBTORS**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **1.7 CASH AT BANK AND IN HAND**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **1.8 LIABILITIES AND PROVISIONS**
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges.
## **1.9 FUND ACCOUNTING**
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.
Page 10
## **MATCHROOM CHARITABLE FOUNDATION**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **2. ANALYSIS OF GRANTS**
||**Grants to**|**Total**|
|---|---|---|
||**Institutions**|**funds**|
||**2022**|**2022**|
||**£**|**£**|
|Grants to welfare charities|491,500|**491,500**|
||_Grants to_|_Total_|
||_Institutions_|_funds_|
||_2021_|_2021_|
||_£_|_£_|
|Grants to welfare charities|_454,000_|_454,000_|
Page 11
## **MATCHROOM CHARITABLE FOUNDATION**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **2. ANALYSIS OF GRANTS (CONTINUED)**
The Company has made the following material grants to institutions during the year:
|**NAME OF INSTITUTION**
Alexandra Park and Palace Charitable Trust
Saint Francis Hospice
Donna Louise Hospice
The J's Hospice
Silence of Suicide
KEEN London
Microphthalmia, Anophthalmia & Coloboma Support
Future Youth Zones
The Jessie May Trust
Haven House Children's Hospice
Cyclists Fighting Cancer
Handicapped Childrens Action Group
Addenbrookes Charitable Trust
England and Wales Blind Golf
Paces School for Cerebral Palsy
James Hopkins Trust
British Disabled Angling Association
Hopefield Animal Sanctuary
Strongbones Children's Charitable Trust
Royal Society for Blind Children
Other grants to insitutions|**2022**
**£**
**110,000**
**50,000**
**-**
**-**
**-**
**5,000**
**-**
**-**
**30,500**
**50,000**
**10,000**
**10,000**
**100,000**
**10,000**
**40,000**
**10,000**
**10,000**
**5,000**
**20,000**
**20,000**
**480,500**
**11,000**
**491,500**|_2021_
_£_
_50,000_
_125,000_
_30,000_
_37,500_
_5,000_
_5,000_
_26,500_
_50,000_
_50,000_
_75,000_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_|
|---|---|---|
|||_454,000_
_-_|
||||
|||_454,000_|
Page 12
## **MATCHROOM CHARITABLE FOUNDATION**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **3. ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES**
|Support costs
Grants
**TOTAL 2022**
Support costs
Grants
_TOTAL 2021_|**Unrestricted**
**funds**
**2022**
**£**
7,070
491,500
498,570
_Unrestricted_
_funds_
_2021_
_£_
_6,855_
_454,000_
_460,855_|**Total**
**2022**
**£**
**7,070**
**491,500**|
|---|---|---|
|||**498,570**|
|||_Total_
_2021_
_£_
_6,855_
_454,000_|
|||_460,855_|
## **4. ANALYSIS OF EXPENDITURE BY ACTIVITIES**
|Support costs
Grants
**TOTAL 2022**|**Grant**
**funding of**
**activities**
**2022**
**£**
-
491,500
491,500|**Support**
**costs**
**2022**
**£**
7,070
-
7,070|**Total**
**funds**
**2022**
**£**
**7,070**
**491,500**|
|---|---|---|---|
||||**498,570**|
Page 13
## **MATCHROOM CHARITABLE FOUNDATION**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **4. ANALYSIS OF EXPENDITURE BY ACTIVITIES (CONTINUED)**
|Support costs
Grants|_Grant funding_
_of activities_
_2021_
_£_
_-_
_454,000_
_454,000_|_Support costs_
_2021_
_£_
_6,855_
_-_
_6,855_|_Total_
_funds_
_2021_
_£_
_6,855_
_454,000_|
|---|---|---|---|
||||_460,855_|
## **ANALYSIS OF SUPPORT COSTS**
|Bank charges
Charity insurance
Governance Independent examination fee
Governance Annual return fee
Other administrative costs
**TOTAL 2022**
Bank charges
Charity insurance
Governance independent examination fee
Governance annual return fee
Other administrative costs|**Support**
**costs**
**2022**
**£**
190
1,587
4,800
13
480
7,070
_Support costs_
_2021_
_£_
_86_
_1,580_
_4,800_
_13_
_376_
_6,855_|**Total**
**funds**
**2022**
**£**
**190**
**1,587**
**4,800**
**13**
**480**|
|---|---|---|
|||**7,070**|
|||_Total_
_funds_
_2021_
_£_
_86_
_1,580_
_4,800_
_13_
_376_|
|||_6,855_|
Page 14
## **MATCHROOM CHARITABLE FOUNDATION**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **5. INDEPENDENT EXAMINER'S REMUNERATION**
The independent examiner's remuneration amounts to an independent examiner fee of £4,800 ( _2021_ - _£4,800_ ).
## **6. STAFF COSTS**
The average number of persons employed by the Company during the year was as follows:
|Directors
Secretary|**2022**
**No.**
**5**
**1**
**6**|_2021_
_No._
_5_
_1_|
|---|---|---|
||||
|||_6_|
No employee received remuneration amounting to more than £60,000 in either year.
## **7. NET INCOME/(EXPENDITURE)**
During the year, no trustees received any remuneration or other benefits _(2021 - £NIL)_ .
During the year ended 30 June 2022, no trustee expenses have been incurred _(2021 - £NIL)_ .
## **8. DEBTORS**
|**DUE WITHIN ONE YEAR**
Other debtors
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Accruals|**2022**
**£**
**40,103**
**2022**
**£**
**5,040**|_2021_
_£_
_125,157_|
|---|---|---|
|||_2021_
_£_
_4,800_|
## **9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Page 15
## **MATCHROOM CHARITABLE FOUNDATION**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **10. STATEMENT OF FUNDS**
|**STATEMENT OF FUNDS - CURRENT YEAR**
**UNRESTRICTED FUNDS**
General Funds - all funds
**STATEMENT OF FUNDS - PRIOR YEAR**
**UNRESTRICTED FUNDS**
General funds|**Balance at 1**
**July 2021**
**£**
**291,912**
_Balance at_
_1 July 2020_
_£_
_111,945_|**Income**
**£**
**361,715**
_Income_
_£_
_640,822_|**Expenditure**
**£**
**Balance at 30**
**June 2022**
**£**
**(498,570)**
**155,057**
_Expenditure_
_£_
_Balance at_
_30 June 2021_
_£_
_(460,855)_
_291,912_|
|---|---|---|---|
## **11. SUMMARY OF FUNDS SUMMARY OF FUNDS - CURRENT YEAR**
|General funds
**SUMMARY OF FUNDS - PRIOR YEAR**
General funds|**Balance at 1**
**July 2021**
**£**
**291,912**
_Balance at_
_1 July 2020_
_£_
_111,945_|**Income**
**£**
**361,715**
_Income_
_£_
_640,822_|**Expenditure**
**£**
**Balance at 30**
**June 2022**
**£**
**(498,570)**
**155,057**
_Expenditure_
_£_
_Balance at_
_30 June 2021_
_£_
_(460,855)_
_291,912_|
|---|---|---|---|
Page 16
## **MATCHROOM CHARITABLE FOUNDATION**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **12. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
## **ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR**
|Current assets
Creditors due within one year
**TOTAL**
**ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR**
Current assets
Creditors due within one year
**TOTAL**|**Unrestricted**
**funds**
**2022**
**£**
160,097
(5,040)
155,057
_Unrestricted_
_funds_
_2021_
_£_
_296,712_
_(4,800)_
_291,912_|**Total**
**funds**
**2022**
**£**
**160,097**
**(5,040)**
**155,057**
_Total_
_funds_
_2021_
_£_
_296,712_
_(4,800)_
_291,912_|
|---|---|---|
## **13. RELATED PARTY TRANSACTIONS**
The charity received donations of £360,560 _(2021 - £14,039)_ from companies of which some of the Trustees are also directors.
Page 17