2023-05-31-accounts

Ch•rity rnoi8trAlion fi¥mber 1177698 com￿nY rtyl•lr*lon nurn￿r 10227749 IEngl•d and W•lN) LONG EATON UNITED FOOTBALL CLUB LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023

LONG EATON UNITED FOOTBALL CLUB LIMITED LEGAL AND ADMINISTRAllVE INFORMATION Trust• Nl.r N J D•rg•n rs A Dr9•n Mrss S E O•fgriii Chary nurnbvi 1177898 Company numbei 10227749 Regl•terqd offic• 1 Long Lane Attènborough Notyngham Unrtfrrj Kingd¢>n NG9 68G In•nd•nl •x•miD•r A2èts 2 Regan Ch¢tsYynd Bum••4 P•rk Nottingtram Unft•d Kin9doffl NG9 6RZ

LONG EATON UNITED FOOTBALL CLUB LIMITED CONTENTS Truslttj. rép¢yt Ind•￿n4ni ex•mi￿¢S Y•PDbl ement of fin￿(1 •Clvrti¢s 8•*fi¢¢ she Not•s t¢ me lkn•nao1 gtatements 0-15

LONG EATON UNITED FOOTBALL CLUB LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MAY 2023 Th• irusree5 present th•lr •nnu•i rèport Jnd ststsmtrnts for y••f ènded 31 M•y 2023 Th¢ Fft?nc￿l stst•m•nts havt Deep vreDor¢d •E¢rydhtè me a￿￿unI1￿I Pol￿tt Out in nol• 1 10 th• fin•no8i 6tstomgnk$ and romply w:h trè e-aTty's governing dc.'Ini •1 n•t fvnds rai5•d to ￿ ds•d io fvrth•r dgvglop ond Irry)rm th• tscithtias ￿ILl￿• fry mem￿r5 and the wid•f conwnunty A ￿19• Part ofthe ye•r h•$ in￿ve￿I ff•n•9irvJ the IJPW#bffl ol stst• oftr arL fvll so•. lID￿jIrt 3G Awo fx4.tty lory wrth all other ¢luty fac￿rt￿l lft aadiipn. lunh•r I￿￿$ to fv infrggmidwt •nd lacilf(J b••n cOnw￿r•4 4unng #Ie year ended 3111 Ilay 2023 The Tru•t•• irt fhot me 8ffaws ol me uwna(l $ubSbYi8ry aT• tgr¢9atfrd fièm th• company and that th• cOm￿n¥ Dengrts from ts •ctivrts which •ncour89ès rtk)18 ¢DrrvNnrfy part￿lP80￿ In otb&l. Flnancial revlew LJnr15:rictèd unés eorrtrTrue lo be piop8ty rMn•g•d •nd the ch•rlty i•M•1￿ securely Ilnanced and lu ￿ver all liobiift es 4$ •Jr.d whèn they tsll du• rs lh• of Ihe ¢h•rrty thaT Un￿91T￿￿ fijr￿S not been a•signed fr)r a usè shotsld ftwiniain•d a- 8 vel frau van: to b¢iw••Tr ihree and Six wnth's ¢¥pen4itur• Th• tru$ieÈs ¢Dn5ider t&t r•$•ry•s at thi5 leve wiii •nsure thai In thB o￿nI of a $19Sficant d.. op In tupding. trèy WAII be abbv tD O￿t nue th• c•ariry5 curren". bcrwrt•$ Wmiie =on$id¢i•tion Is gvèft ts ¥¥•ys in •dd,ts"onal ￿n￿5 may be ra¢S8¢J This *vel ol rnsery has oèeft nYtinlain•d through￿rt th• ypar. Thè trusl••$ havv a55e5ged lh• rna￿r risks lo th• •xpuwd and are S•ll¥f•d that systèms •r• in Ce lo mitlg•tO •XW6urè to th• rffjks.

LONG EATON UNITED FOOTBALL CLUB LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED) FOR THE YEAR ENDED 31 AIAY 2023 The chafty is controlled by ts gov•mmg dowfffit a adW4 ffl 2018. The * eorryany hmft¢d by gu8rart•• Th¢ ￿$teÈ5 who ai• •ho 1h• dir•Ltrs for thé purFlS• oi c4rrpfty &w. and who serv•d durw th• yèar and up tD th• J•te ol signatuTr oitr fifncial st￿•MIn￿ wèrè" IAr N J D•rgan Mr J C Fairt•y IArs A Dai98 Kliss 8 E Dar9an IResigr•d 10 N+Mmbei 20221 x èvèry Annual Rrfwement Kl•sts"ng trom Tr20 af 2￿201. on¢ tlwro . or tN• numbèr n8¥r•st lu one third of th• Oireaor5 ryft rvtiie fTtsm offic• W.8r• more than one third ol Ihe Dir•ctors have strrfèts lor thg 8•Th pwKJd ol im• sincè rnèir asi aP￿InInE￿[ or reappDintrwnl i)$e Dir•(lors ?h•ll 49rtè amongs.. th1￿￿$ i¢tt Dirèctor6 shall ',elife or In the th•1 •gement cannot * raehed. tie deC￿lOr. sh•ll be made by lot. The retir•ment tak•s •Jl•d a th• cCrf)GI￿lon pl th• ffthrwJ unJ•Bs th• DY¢¢iDT Jg roAPFhWrt￿. 11 th¢ etlTement ol a dwectoi ¢augeg the number of Dir•¢torn kn f•ll bdcw thTq•. '•lfing Dffoctor shall r•Tr4fft in ofve untl a new appointnxnl rYoe Non¢ ol Ifllstèès any bèn￿￿￿1 interest fft th• corroany. Al of lh• trustee¥ •re rYwnb¢r> of the company and gU¥fan?¢è io con7n)ufe £1 In the event ot ? ￿ndir41 up Suppli•r p•ym•nt pollcy Ihe c&mpa-I5 Qu￿￿nt polry conc¢ming the paymènt ol tr•d• crgditors 15 to fDttv C81,5 Prffj Poy•rn Cod• (copies Arè v•i•blo Irorn the CBI C•ntt• Potrt 103 ¢)rford Strèèt. London K1A I DU j Th• compènrs curr•nt poli¢y ¢on£•ming the p•ymwrt oftr•d• crndrtty5 1$ 10.. * Sè￿e the t•rns of p•ymBnt ￿11h Sup￿lery Wh￿ •yr•oing the:•rrrffj tsle4¢h transa¢Don". ensur• tha• supplifS are mad• aware )f the tsrrra of pay￿￿ by in¢lysw ol r•knnt t•fft￿ in ￿ntracts., apd . pay fft ￿0rd￿ne• W4ith the ()mpany cwrtraLtsI ¢rther1•9al oN¥rt¢>ns. The st••8' V¢POrt w•¥ ippro¥¥d by tfie 8oard oi fN5ttts. J )afgan Mrs A Truskne

LONG EATON UNITED FOOTBALL CLUB LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LONG EATON UNITED FOOTBALL CLUB LIMITED I r•p￿ 10 th• trustees cffl ￿￿i￿a00n of th• fin•n¢i stoler￿nts Df LorJ9 E•ton Unrted Footbal Club Limrted Ithe chartyl for Ihe year ended 31 May 2023 R•8pQnslbll￿él •nd ba••• of rnport A• the Ifusteès of th• chanty l•nd 8150 dirortows loi th• purposes of conwny iwI you aré rès¢onslbl• for lh• prtpar8tKJr% of the financi•1 st•tèments In accor¢•n¢¢ the -equ¥￿￿n￿ ol CDmpories Act 2CQO 1th• 2D06 Acti Haying sallsld mysèm th•t tho fiTwnri•l slaiwints of th• ch•ry •r• not requtèd to b• audrt¢4 un¢r P•rt 16 of the 2006 A(t •n¢ •re tligiDle or Indep8ftd•nl •x•m•8von I r•Fort in r•sped ol my •xaminJbon of lh¢ ch8rty'5 f,na"Dal staitrrntg c"r￿d out und•r w¢t¢n 145 of tne Charffj•s Act 2D11 Ithe 2011 Actj. In carrying out ny examinétlDn hJY¢ ￿lItY￿ed thè LW•¢tson$ 9￿￿ ty thg ch•rty Comm￿S￿n und•r ',45j5iib j ol the 2011 Act Independent ex•min•rfs •tat•m•nt Snc• tr8 charity $ 9fOSS In¢ome exceèded £29J.OCh) your •x•nyn•r mubt bw q nrtiw ot • boty listèd in seciTrDn 145 01 2011 Act I wfirm thot l am qual1￿ to the èxarn1n￿On be¢•vs¢ l ern a member FfxA. ts onè ot mè listed b&J¢8s. I hawt ¢omplÈted my ex8min8uon I confirn that no mott•ré h•ff ¢wr¢ to my •i￿nt￿n In Cijnn•ct￿n with th• éymination gNing mè cause to bel￿8 that ir any rur¢¢t cuunling ie¢tsida Vtie nor kept Fespéet th thè cnarfy 8s r•quirnd by B•ctKJn ofth• 20Cfj * or Ihe nnncwl do not actoro wth rhose re￿Trts or the finBncK81 sJ:eryErrtg do nol comply wth th• •¢countinp twuffèments ol $oct￿n 398 of the 2(￿8 Aet thèf th8n any requ,remen tnat I￿￿)UN$ 9Ne • true and f¥ir v4 not 8 rytrer ¢QPgAYerte •5 part ol •n iTrd¢ppn¢J•nt •xamin¥ion. or lh• fin•nriol 51ateThn15 have not boqn prepared wi &C￿rdance Tmth the methods of thè Slatem•nt 04 Recornmendèd PracDce for 8YOvnbng •n¢ reportns try charOe5 applic8b to ch8rne5 prtpanng their account5 In Kcor¢anc8 wxh th• F￿anC￿l Rewrting St•nJ•ra •PPlUN• In lh• and Rep¢JJlic of Irewnd IFRS 102!. I h0￿ no ¢oncwn9 •nd h•¥• c4)m• acffjss rA￿r rrwtt•rs In wKpt th• exeMpp.gt￿ft lo ¥•t, att•-t )n shoukl b* diawm in this repofl In to •n•bk • propw understsndiry ol Iht finanuai stalem•nts to Pi•d Azets ME.- Anthony Harccrfjrt FCCA (Sen￿1 blatutoryA4M1tr1 2 RggBn Cb•fvrynd Pqrk ChiWII Nottingh•rn NGgeRZ Unrted K-gd)m 1511112023

LONG EATON UNITED FOOTBALL CLUB LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AIAY 2023 Unrn•trlct•O tlnr•thkltd luThd# fund• 2022 Inco D¢nJtio- a-u ieg8C6 50 tKKI 224.179 179 33.610 1C6.5th) 242.998 Inve¥lm¢nl) h•1 Inwm¢ 12 Total InMm• 7974 382.001 Cha"rtaDle activrt¥ 223.852 184 732 N•t incom• frjf th ywl N•t mov•m•nt In fvnds 84 322 177,￿9 Fund b￿ncèl at 1 thJn• 2022 711.450 534,181 Fund balancm at 31 May 21m 7VS.772 71149) Th• •t•1Y￿1 of finJnual •cMi•s indud•s al gaffts •nd 105ses wnised In th¢ y¢•r l incom• éxpendittye dénv• liom ¢onb"nufftg qdmbes Th• stat•mgnt of ffinanuai •¢¥rti•8 also r•quTgrrwts lor an thcome aTrl exwidthf• account und•T the Cwwn*sA¢t 2006

LONG EATON UNITED FOOTBALL CLUB LIMITED BALANCE SHEET ASAT 31 MAY2023 23 2022 Fix•d 4M•t Tangible 0660ts Inv•￿rnfits 10 11 1.454.1 1.450 480 1.454 197 1450.481 CurTPrt i•¥•l De>TO'$ Cash et bank 41￿ In hond 12 133e63 174.SJ4 138.863 174 504 Cr¢4lltoTh: amount• f•lllng du• TilhlD on• y¢af 14 140.8621 1104.82ei Net ¢utrwrt ass•l• 97,BOI 9.878 Total wet• le•• curr•nt liibblllle• 1.fy51.998 1,480.359 ernditOf•." •TrbX4•ts fallkng du• •ft•r mvr• than on¢ year 15 17&8.2261 1748,9091 795.772 711.450 In¢¢rn• fund• Unrestrict￿ bJnds- gener•1 795 772 711,450 795,772 711 450 The company Is èntlded to th• gxèmptton tht •ud requY•rrnnt cont•ln•d In i•th)n 477 01 th• C•mpaniesAa 20Cfj, ffif lh• year •nd•d 31 May 2023 The dir¢ctOTS a¢n(ywledg• their ."esporysibilrtits for coryty n9 wth the fequirerrwts of the Corryirtw 2000 with re$p¢tt to acco￿ntIng T•cord$ and th¢ ¥•pararion of fin8n¢o15t•m•nts Thè mÈmber5 h•v• not reoiiirod thé ¢ompony lo otroffl •n audrt ol ts finaD¢41 stakrr¢nts for lh• y•qr In gu•stion cord8ftc• s•ction 478. Th0￿ finanwl 8tst•mprTrs h¥4 beéfi w•pared In afty￿nce wrth th• yovM)ns appbcable b) e0mp8n￿l subft to the small corN)•ni•S 'ègift. Tn¢ an¢ie.' sl•tennts *re •ppr¢>ved by the Trul••s on l Daro•n Vi5. Truffte mpany r•g•¥tr•tt•n numl)tr 10227749

LONG EATON UNITED FOOTBALL CLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 A¢￿u￿ting poIicYJs cii•rlty Infornialion Lwg tiatop Lnilcd Footbo11 Club Limrt•d ré • Pllvate compo4y lim•d by 9uaranto• incryrlied In Eno￿Thd •Tr8 IAknlès. Thè rogist•r•d offKe Th 1 LONJ Lèno. Atr•nl)oro￿h Notbngham. NQ9 08G, Kln9dom 1.1 A¢MunilNJ ¢on¥•nlion fin&noal 5tem•nts h•¥t ten propafvd in •ccorJance with IM ¢hanty's goveminy docurrnt, thè Companiés Att 20Ce. FRS 102 'T￿ Finanaal RtgOrnn9 StsndaTd •pplic•blè In thè UK •n¢ Rpublic ol Iieland. I-FRS 102.1 and rh¢ SOF¢P 'ALXts.nting an¢J R•wrtmg by Charrts. Slthtemeni of Re¢017r￿ndftd Pradir• •pplieatslè to cl7anti•s prep8fing mr act￿1n￿ n ac￿r￿anC• the R•pgrJng Su-daff(l applic8r>lP In the J¥( a￿d Regubl¢ of Ireland IFqS 1021" ieffec£Na 1 January Z019I The thanty ￿ a Puolic 8•n•frt Enity d•fin•d by FRS 102. The ¢harty h86 taken •OY•nrage tsf th PfOWs￿s • th• SORP fvr ¢h•rnS Trot to provi• • S￿le￿Tht of C•sh FIov•3 Tr.• fin•nci•l stèmènrs 8re Dry•r￿ In stèrtry. which ffj th• fvnLtsno1 ￿n￿neY ol mè chjrity Mon•l•ry an￿Ults in tlw¢ Iinanc481 ststerwnts •r• rounaed to tr• neaisl £ The fjnancibl Stste￿nts have réen ?fepor•# vnd•i the h#towl ¢osl ¢￿nIknn Ink)dif•d tQ 4nclLth th¢ f¢va1uation tsf freehol¢ proptrJ¢¥ 8n41 to Include invesiment wopernes and certain fn•hci81 Instwmèrts 8t lair valu•l The pnncyl ￿CoUnt￿j p￿<••$ aaoyea are s•t b•lty. At tho 11rn ol appro￿n9 lh• fin•fie￿i $rièpTnts rh• trustse6 have a reasonabl• •xp•¢t•bon th•t th¢ th•rty has ad•quat• r•sourc•s to continu• ￿ op8rntion•l •xist•ryc• br the tsr•Ieeab￿ lulure Thus the INglees ntinue to adopt the eon¢em tyw"s of omnt.ry in pwepgnng the fvnu•l 5tstenwts. 1.3 Ch•iiLth fvnd• Un'trvfv1 fvnds aw av•ilabk for use •1 th• drf¢r•ton of t￿ trusteés ffi luthv•nM ol th•T th•Trt•b Rstr￿e¢ fund8 at8 subpct ￿ $08ciric by d0ryty5 a5 ro how they m•y bè u4d. Th• purpo$•s •nd 5 ol the rv¥lrKbJ fvndg are sat OLrt in me not•5 to fin•nrAI 6t•tenrf ETrdov4rnent fvnds af• s￿+11¢1 to spe¢ffl¢ ￿n￿tran8 by donoTS th• captt¥l r￿￿%1 be mwtsined by th• charty 1.4 I￿oM& Inrom? ig fcognwd whèn th• ?Trf4 to bt 4ft•f any p•rform•nce ￿tdrt￿n5 hav• b••n mèt, the ar￿UThts can be Tr￿8￿r8d r•liabty. •hd t Is probabkn that wll bè reeeYw•d. Cash ¢Son4bons art f¢Ognis•d an re¢M. Other rewni%•J once rh• ¢h•nty ha$ b••n noknffied of the aonatron unle$s ￿rf0M￿nce rondrtong requirp deferfal ol tr• arnuni Income tsx re¢r>ver¥ble rèlatioq lo donat￿￿$ un¢xr &ft￿d or deeds of )>wena*i Is rpcogniged ai &fm¢ donation Legocies ar• f•cognised on receipt or othgrhi5e rf m• charity h•$ >••n notfiéé ot an wrpending dist'ibuton, the aThurt Is known. and recei01 ￿ eXDeMed If the amounl kn04vn the ￿98¢Y Js tr•atsd a$ niing8nt ajs

LONG EATON UNITED FOOTBALL CLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MAY2023 AttountlTrJ polici 1.5 Expendllure ExpèTricJrtu s r•efjgr¢o¢J oncè trer• is a 1•9¥ sx constructry• Obl9￿￿)n io tr8nsf•t •con¢mt beneft to ￿rty. ft Is Probab￿ Ih•i a transfer Df ?corKrt ty•f4efts ￿￿1, ￿ rtyuY•il m settlèmènt. And th• •ffKJunt of th• oblilla.ion can De fr￿•5yr•￿ r¥obly Expgn¢rture 1$ Classrf￿ by aCt￿ty The c05t6 of ••4th ¥try arè Trad• ug 01 th¢ totsl of dirad casts •rtd shai•¢ w415, InciudinB 5UPPtyt COS'IS InVo￿e¢ In und•rt•kin9 each actrrffy Dir•a attTibutsbie tu a $in9ie acowty •r• •lloeaa dr•cly 1¢ Ihar aryvty Shared co￿1 ￿M1¢h contributs lo rf)rè than cne athrty support co%1$ arè not attributaDi¢ to 8 sing J¢"￿ty ai• •?ptsrnonèd thos¢ actyvrties on a bas consisten: wrth th of ￿sOurc￿. c•nni stsv costs aiv •￿ted on the ty45 ol tim gP•nt. •nd dfrprogaton rhir9¢S art a￿0c￿t•d on th• portbori o. thè assèt's ut• Exp8ndrtur• on tharrta￿ aetNtss Ipcludeg Staff costs. d•pr¢cK•iitsn of 1h• foDtb•l dubs #ssÈts. Dromises 8xp•psos •nd otner 8Ctrwt•6 UNd￿￿èn to ￿rther the purpos￿ of the chanty and fThfyf 8ssocia.ffja supp¢rt Support ¢osts 8rè thos• fvncbons Tr•1 •SSlSt me Yrk of th• footD•ll ¢hJb b4Jt do not dir¥ly unoèn8ke charri4tsle a¢trvOès Support ￿)1￿ In¢luO¢ tne fD¢Xbeil dubs offle•. ffnon¢e. and governance rosts whl¢h support Ihe lootb811 club$ dèlfvory 01 i• PfOti￿On Dt cornThJnty part￿lP11[?fi ffi IooiD•II Tryèse ￿)Sts hav• bten allocatsc to expondrtUT• on rh•rltable ba￿S on which ￿pPOrt •Thl w4em•n¢e ¢osi% h•v )ee-. allocatod ar• s•t oul in n¢X• 9 1.6 T•nolble ••tet• Tangible ffixad asséts are m•isuT•d ai rAXt and subi•qwty m••%w•d •1 cost or ￿lUab)n. Ael of depreciaton ond sny Inyairrnpnt1055es DePRC4t￿Th Is recognls•d so 05 to ￿rte off Ihe c¢¥t ￿ Va￿•1￿1 of •ss r￿Idual values ovw th•ir u•lul Itv•s on th• )ases' LMs•Thold land •nd PLqnt and •quipm•nt F￿.u.•S ana ftmngs C¢mpuley5 Motor Vèhi¢kns Sti•ight &no EM•1 deveciat￿ r•t• SIA1￿ . c¢76 15% 5tr8igYt li 25% Str•ighl h"n• 25% Rpducmg bat•r￿e The 90•l or al￿1n9 on lh• apos•1 ol •ri ￿l•t f4 determffl•u •J drfl8rence b•tw•èn J)• $418 pro¢•ds and th• Car￿n9 value ol th• •s8èt i¥ reccsnra•d r. the statèmeni ol f nanci8i attNrties 1.7 Flied a¥••l IAv••tm•nts asset Invest￿￿t$ org InrtNy rn•aGured •i trans•aion pnce ex(￿dIr% tr•nm(t￿n Lost5. FnLI o siIOs•quentiy rr•asutèd at faff Valuè •i reporthng a￿è Changès In f•ir value are r•co9ftts•d In net inconW.•xpener(url br rhe y•4r Tr8ns•¢tiDn •r• ¢xpense<l as Incurred A Sub$￿i8ry ts w wtty COrfroll•d by th• tharny. Contffjl ￿ tht to go¥•m the ftn•ncial and op•rabry po11¢1•5 of the entty SD 89 To obtain ben•fts fvom ts artNrt5 1A Imp•iffMni ￿ fix•d •¥•ts A• èacn fftpornng tnd date lh• charty revvo tre ¢•frying ar￿Uft￿ ￿ rts rAnglbkn 468ety 10 dgtsrnine wherhtr ihere 1$ any indtaton thaw those •5s•ts "ave an Impairrrnr loss If apy $¥ch In¢Yic4rion ex¢sts, the ivcvvernble •trcun; o., Ioss jrtanyl tht ass•1 Is èsbratsd In or¢ti to ￿tèrmIne Ihe extépt of the impali￿nI

LONG EATON UNITED FOOTBALL GLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONMNUED) FOR THE YEAR ENDED 31 MAY 2023 A¢Muntlng polici•• ICrJnkny•Jl 1.9 Cuh ¢uh equlvthb￿ts C•sh and csh eouNa ¢nts In¢Wè cash In hand ¢J•POgrt5 neld ai rall ￿1b banks oth•r short-ltim Ilqu Inyesiments W•Tih oii9n•l t7WLrrtie5 of thr•• or less, and b•nk tr4erdr8ts 8ank ovwdr•ft• •r• shown wrthin Dorrrxmgs In cuii•nl11ots11rt1è5 1,1Q Flnanclal Instrnm•nt• Tnè char￿￿ "as eleeted to apwy th• pm¥iwon8 of S•¢ton 11 '8•1￿ Fmaroal InS￿Ments. And S￿0￿ 12 Cthef Fnan¢t•l InstrurTWrt5 1s¥u•s' of FRS liYI to al of ts Iln•noèi lStrum8ftts. Financiol Instrumonts ar• r•etsgni5ed In th• ch8rtys balanc• sh•tt wtten th• th•rYly be¢omes paty to trt• ¢ontr•¢Jal prov4ions ol th• Intrvrnent FinaY?al a$t8 and 114bilrti•$ •r¢ offset. with th• n•t arrount5 Pf•srf•a In the fnancval ststerne￿.5, Trefe Is a legally enlofwble nght t¢ off ttte rqcognisod amounts and th•.• ￿ an Intention to Sètt￿ on a net b•sis or to rÈaits• th• ass•1 and selde tho I"ability simuttaneou81y. 8a•i¢ fftn8n¢i81 assets, V•tTKfi m¢lu¢e debt0￿ ?nd castt ar4 bank tsAk9nces. ore intslly mtaiurèd 8t ti•n¥8cDon price Incluaing tfansath"OA ¢OSt$ •nd are subwu•ntly ¢afrieQ aT &morTrsèd cost using th• elT¢cbvt Iniw•$i nwThod un55 tr,e arrowmt•l COllStTr.i•s a financing transaction where tThe tr3n5act4)n 11 m8a$uied at thè PfèSèryI v8lue of tr.• lutur• r•ceipts di$counled ar 0 rat• vl Int•i•&t F￿anCIal a560t6 cl8ssiTi•d as fectfyable wrtnin one year Hre rot arKrtis•d B•$it finneii i,bi.' b IAel&xllN9 tmd¢Ort bnk b•ns •r• f•eow•d •t Ir•1￿cloft prk• the arrafigtmeni constitutes • fvn•n¢•g Ir•nMtXon. vth•ro th• 4obt instrum•nt Is measured at th• Dresént vqlue of the firture p8yiY¢nts ¢Jlscounl•J a; a markèt rate of Intrrysi Fin•n¢wi Iwbur(s ¢$$rtd as payabio WYhtn y••i •r• not arr•)￿oSed. Oebt fflslNnnt¥ •r• subG•quèniiy (afW It ¢x>Ji 111419 •ll•thi• initsost r¥T¢ ￿￿¢d. Tradè credith aT• obligalgnl to pay fw gooos or 8•rvices tha; h•v¢ b1￿ Kquffed ￿ lh• rydinary CLwr%• el oper8Dons trorn suppliws Arnunts paya)￿ da551fjJ as rJJfTeni I￿￿1￿•$ If poyment 1$ due WTthin on• y••r or less. 11 noi th•y we pr•wrrted $ nOn-￿rrenT 1k•ts1￿.￿s Trnde UditD￿ arè I•(x)gn￿o rt•lly at trnn•d¢n pricé and subsequeniiy IT￿Sure4 •1 4￿rtIstI Cost using tr •ff•ctNe Inier•%t rytrod Fknanval Iiabllltl8s arè ¢tsr•cognisèd the ¢lw's ¢¢rtr•rtu•l ob1vt￿n6 explre or are achar98¢2 01 c•nc•lknd. 1.11 Empknyee bM•fft8 I nt cost at 4ny u.-.used hoi¢ay entrtm•nt A reM9Vi5ed m Th• perh￿ wt which 1h w￿lDY￿e $ $rvi￿ prt T•miin•b'Dn bonelts arv recowrf•J •n •xpprw wh•ft th• ct•nty rl derrowrably coff¥Trt•d to rthnate thè enVoynnt of •n gmployt• oi tr k¥N¢J• tepM8rion benefits

LONG EATON UNITED FOOTBALL CLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2023 Don1¢￿9 •ThJ 1•9a Unv•ki•d Unre&trthd tund• nds g•n¢f•l nèral 2023 2022 Donatsns and gifts 50.0 106500 Charlkbl• •elfvttl Promotv)n ol ¢rynmurtlty p•rtKlpath>n in loot￿11 2023 Ptomotlotr ol parbopJlKJn In fDutb•ii 2022 M¢mkrship sub8crW>Tr Clranr Incom• Rentsl Incom Pitch Jne •¢tfvty hwe 108.052 50.915 105.463 50,606 19.￿0 87 429 85,212 224,179 242 998 Inv•8tment• Uthr¢•trir￿ UnT•Strktsa fvnd g•n•rnl 2022 Intornst rtcemblo ot￿r incoTr¢ Vrre•tr•¢t•d J￿￿$tr tund• fvp.ds 9•fftgr•l u•n•rai 23 2022 33.816 125C

LONG EATON UNITED FOOTBALL CLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2023 of community p•nieip•tion In loDtbBII 2023 1022 Staff casts D•prgciatloM •nd impaNm•nl Pflch ap)d tscAty hir• Prefftsès axp•n 303 B6.301 12 096 84.7 71.322 61.346 187,978 158232 Shar• ¢1 gupwrt costs l¥• 71 Share of go¥•m8ne• isee not• 71 25.479 10.195 15.078 11.422 223 852 184 732 SuppDrt ¢¢)•ts Support Govern•n 2023Support costs Governgnc• 2022 Coryut•r runnmg c<>st Motof running gxpenses Post•g• eeunef and d•ifvory tharge5 8•nk charyos Ins.r8neè8 Adv¢rtiing T•l•commun¢aiions Syndry expèn￿1 479 8.492 479 8,492 182 7,250 7.2 31 31 150 319S 7491 1 141 105C 503 119 4228 545 1.334 917 5D3 119 1,491 1.741 10.SC 1.334 917 L¢9Jl ary(I prolvmion ACco￿nt8ncY 8.242 8242 1.953 8.608 2.814 2.B14 25 479 10."95 35,974 15 078 11 4?? Chanr8Dl• i¢iMtiès 25479 10 1 35.674 15 078 28,5 Tru•tw• Nonp of the tru$l••s lor Any ptrxns connéctea th•ml recets￿ •ny r•munèrton gr benéfitg from t ¢h•rty dunng y••r. 10-

LONG EATON UNITED FOOTBALL CLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2023 EmployeE• Th• •veig9e M￿tnIY ol ¢rnwyfr￿ durir4 Ihe ￿•r was.. 2023 Plumb•r 2022 Numbtr emplDym•nt co¥ts xi23 20n ¥9•5 and s•l*n•8 30 3SS 12,096 There ww• no •mploytes ann￿1 w86 mor• th•n £60.OCQ.

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LONG EATON UNITED FOOTBALL CLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 MAY2023 ot￿r C￿1 or ¥•lu￿10￿ At 1 J.ne 2022 S 31 M•y 2023 At 31 May 2023 At 31 May 20r2 2023 2022 Inv•strn•nts in subsldk•r 12 D¢blor• 2023 2022 Amoun1 lalllty due #hlDb one ye•r: Amo¢tnts by fkwJ group undertaking$ 13 L￿n and ov41dr￿ 2023 2022 DY•ctors" loafis 49.708 85 882 Payabl• wirhin onl year Payable after OA* ymr 49,708 $8 333 29 549 The long4•fm loan6 •Te prov#Jed by the th1•CtO￿ •r• ntyt secured.

LONG EATON UNITED FOOTBALL CLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 hlAY 2023 14 Crndilor•: tdlin9 d•J• wllhkn OD• y¥¥ 2023 2022 Borr¢ywfigs OMèr taxatk)n •NI 5¢x41 S• Grè-ts Yr•dè cr8ortOfS Accru•k •nd d•lerrèd incom• 49.708 I9,￿) $6,333 123 0431 4044B 89.888 1.0 40. 862 164 fj26 IS Crndlt¢)r•.' talllng aft•r mwt th•n ¢)n• y•ar 2023 2022 8orT(wn9S 29 549 719.3eo 18 758 226 756 228 748.W9 10 Grants Deferred fftcome ￿ in¢luagd in flfi•rkl staiwwts •$ to1￿0. 2023 2Q22 O•f•rrthy m¢or￿ Is I￿luded wthin.. Currerf IiabiliTIés N(wurrent ibiff$ 40 448 719 360 7562 756,X6 7S9,808 v•m•nts n th• y••r. Df•iied Ircorr •t 1 Junè 20 R•i•as•¢ from ple￿0v• pérbods R•soureès def¥fT•d in the 759 808 141 0821 37 500 747 831 56 Deferred 31 May 2￿23 7582 759 808 17 Rel•leJ p•fy tr•nuetlon# 14.

LONG EATON UNITED FOOTBALL CLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONnNUED> FOR THE YEAR ENDED 31 AIAY 2023 17 Rd•tsd p4rty trn•xlbOn• IC¢)ntsnu•dl Trn•actK>n velted Par￿• Dur-g tr.8 year rTrè chg"th' n',¢ied Into thè folknffj ir•rth•Ltsns r•l•toé parts." 2023 Z022 Long Eattsn Unrted CotTYnunrty Fooib•l ChJb Long EAton Untsd Footbo11 fr•ding Limrted 12.00) 19.500 Ounng thè court• of th• curr•nt fin•no•l yèar mè c￿b f•c•fftd voluntsry support from enwloyees ol Long Eatop Unitsd Comft)unrty Football Club to delpdèr trè c4Jb's n¢lid•y progromrrw. They ilso assffjt•d wlih ff4n8ging th• l•¢ihtg on behalf of suos¢rption pBying tg•rr• In 8dO￿On th• club also 5ecurod a dir•ct donation of £10 as part of a donof yjppoft p•¢kng• lof th• m•ns Ilrsi ream 18 Sub•ldlrbo• The￿ fltsn¢i st•ff¢rns sep•Tat• chaTty M4nciil 5t•t•Thnls fry Long E•ton Llnrted Footrall Club Limited l)ètsits olth& thorty's 31 M•y 2ty23 w¢ v4 Naffl• ot undortkln• REgi•twvJ ol Iw•ln• offi Clxs of •hf¢• h•ld Oire¢t Ind￿¢¢1 Lo-9 E•1(￿ Unit•J Forthll Fn9land and 4•n•i•nwrt of 1st Tè•m ana ￿dinary Bar Sh•res ityJ.rMI 15.