Charity registration number 1180246 (England and Wales)
FOUNDATION 92
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

FOUNDATION 92
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
R Giggs
Y Harrison
T Camillefi
W Lewis
R Buckley
G Mfilson
J Jackson
(Appointed 25 Jun8 20251
Head of Foundation
M Agnew
Ilnteriml
Charity number IEngland and Wales)
1180246
Principal addres5
st. James House
Pendleton Wdy
Salford
Greater Manchester
M6 5FW
Auditor
champion Accotjntants LLP
1 Worsley Court
High Street
Worsley
Manchester
M28 3NJ

FOUNDATION 92
CONTENTS
Page
Trustees. report
Slalernenl ofTruslees' responsibilities
Independent audilofs report
9-11
statement of finan¢ial activities
12
Balance sheet
13
Statement of cash flows
14
Notes to the finanaal statements
15-26

FOUNDATION 92
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 OCTOBER 2024
The Trustees present their annual report and audited fin3noal Statements for the year ended 31 Octobei 2024.
The financial statements have been prepaTed in ac£ofdance with the accounting policies set out in note 1 to the
financial statements and cotnply with the charity's governing docurnent. the Charities Act 2011 and 'Accounting
and Reporti￿9 by Charities.. Slalement of Recommended Practice applirable to charities preparing their 8ccounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021
leffective 1 January 2019}"
Objectives and activities
Objecttves
The objectwes tsf the charity are for the public benefit in the Salford and Greatei Manchester area by..
Promotion of community participation in heahhy recreation by providing 8ppiopriate opwrtunities for
engagement in sport and sporting adNity (xpable of improving physical health, with an emphasis on
football.
Protnotion of good mental health within the community by providing appropriale tspportunities for
engagernent in sport and sporting activity directed to relieving mental health. with an etnphasis on
football.
Provide and a5S15t in providing appropriate opportunities for sport, recreation. or olhei leisure titne
occupation of such person5 who have need for such facilitie5 by reason of youth, age, inf5trNity, or
disablement, poverty. or social and economic ¢ircutnstance5 or for the public al large in th8 interest ol
social welfare and with the object of improving Iheii conditions ol life.
Promote Ihe education of people with disabilitie5,' young people who have offended or are al risk of
doing so.. peopLe who ale homeless or are at risk of being made horneless., and people who are in need
by reason of their age, w)verty, or social or economic arcumslances, in particular but without limitation
by..
A. Awarding lo suth peisoris sd)olarships, maintenance allowances or grants to allow thern to
undertake further or higher education or access coijrses to further or higher education,.
B. Making grants to fund additional facilities and equipment al eduixtional establishments in the
Greater Manchesler area lo facilitate access to education., and
C. Delivering community OLJtreath, integration. and prograrnmes to widen participation in fvriher
edijcation by such persons throughout the UK.
The Trustees h8ve paid due regard to guidance is8ued by the Charity Commission on public benefit in dectding
what activities the charity Should undertake.

FOUNDATION 92
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
Achievements and performance
Over the past twehre tTK)nths, Foundation 92 has strengthened its portfolio of work via a wide artay of actNities
aimed at engaging and supporting residents ol Salford and Greater Manchester, thereby conlribLJting to address
and focus on the redudion of Tnequalities and fostering positive outcomes for our community.
The Foundation's specialist delivery team ha5 demonstrated unwavering dediixtion to supporting all members of
our cotHmunity through a holistic, indusive, and sustainable approach.
The repotting period has been notably posrtive, progressive. and rewarding. further cementing the presen￿ of
Charity at the heart of Sallord. In addition 10 5UPPOrting some of the most disadvantaged and marginalised
communities, the Foundatitsn has also developed several life-changing inlervenlions across Greater Manchester,
thereby extending both its impact and value lo the residents (rf SaKord.
Concuttently. the Foundation 92 Te3m, supported by the Charities Board of Trustees, has undertaken consistent
and proactive steps lo enh8nce Foundatitsn 92's governance, piadices, and prC￿edu￿$ alongside the
development of a new strategy which will be launched in 2025.
Throughout this year, Foundation 92 has made reMarka￿e strides in 8chieving its strategic objectives.. launching
innovative programmes, delivering cornrnunity-faang projects and workshops. Achieving recognition on local,
regional, and natioNal levels.
This ongoing comrniltnent has enab￿d the charity lo make positive advancements loward achieving the highest
standards outlined in the EFL'S Capability Code of Practice.
The entire team extends heartfelt gratitude to all our partners, especially Salford City Football Club, for their
unwavering support.
Highlight and fl8gship areas ol focus and 8chievements within the reporting period incltjde.,
D￿rnber lo Retnember
Foundation 92. 5LJPPOrted by partners, trustee5 and founder5, delNered over 1700 gifts and 300
Salford Cty FC rnalchday tickets across the Salford and the Greater Mandiester community.
Food pa￿lS
FOundat￿n 92 distributed over 200 food parcels in partnership with Islatnic Relief. Volunteers
from Network Rail supported in the delivery across Salford.
EFL in the Gornmunity Utilita Energy Cup
Foundation 92 hosted Sallord Primary schools at this yearfs Utilita Energy Kids Cup which was
supported by Saword City FC scholars.
Thanking our Communtty Hero's initiative
As part of the EFL Comrnunity Weekend, both Foundation 92 and Salford City FC highlighted
eleven community heroes for their work in our community.
Autism Awareness Match Day
Salford City Football Club developed, in partnership with Foundation 92, a bespoke match day
experience. including a sanctuary room al The Peninsula Stadium provided a safe space
way from the crowds.
Tandem Bank Partnership Launch
Foundation 92 partnered with Tandem Bank lo deliver finanual inclusion programrnes across
Greater Man¢hestei.
(continued...)

FOUNDATION 92
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
.Icontinuedl
Moulding Foundation Donations
Mfith thanks tts the Moulding Foundation. both Foundation 92, and UA92 have been able to
support 24 University students who each received financial aid in the form ol a non-repayable
Isary
Pfemier League ￿CkS Regional Cup
Foundation 92's mixed team won the Fair Play Award and later represented Foundation 92 in
the National Final al Sl George's Park.
Corpor8te Football Tournament Fundraiser
FoundatK)n 92 partnered with Northcare Charity to host a corporate football toumatnent at The
Peninsula Stadium. The winners were awarded their tiophy by one of Foundation 92's founders.
Nicky Butt.
Children in Need Partner Day
Foundation 92 presented to staff from BBC Children in Need and Iheii partners about the work
bein9 caiiied out in the community.
Community focused Detnentia Friendly Sports
Alongside Age UK, Foundation 92 delivered a weekly activity timetable alongside, Mini
Olympics for participants within OLtr Dementia Friendty Sports Group.
Refugee Slieet SOc￿rAcademY Cup
Foundation 92's Street Soccer team represented the Foundation at the Street Soccer Ac2demy
Cup held at Leicester City Football Club's training giound.
Volunteer Transfer
The Denis Law Legacy Trust and Foundation 92 hosted our annual volunteer transfer, which
sees volLinleers swap places for a week-long exthange, working 8cro55 both organisations. key
piogrammes.
Donation by CIF and Kellogg's
Volunteers from Bupa UK supported Foundation 92 to distribute Kellogg's ￿Tea1 (kindly
donated by Kellogg'sl and upcycled football boots. kindly donated in partnership with CIF.
Padel and Golf Fundraising
driOUS teams from across different companies came together for Foundation 92's annual Padel
Tournament. followed by our annual Golf Day. Both events were supported by founders from the
Class of 92.
Salford Sutton Cenlre, Cotntnunty Garden
Foundation 92 designed, built and launched a biand-new cotntnunity garden in the heart of
Sallord to provide a free-to-access and engaging green space foi the Socal community. The
garden was opened in partnership with Bupa UK and Clarion Futures.

FOUNDATION 92
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
Awards and Nominations:
Over the past twelve months, Foundation 92 is proud to have been shortlisted foT four awards and successful
secuied the prestigious'community Club ol the Season. awaid at the Northwest Football Awards.
Nominations-.
The More than Football Award 2024, This is ManchesterAwards- Organisation Making a Difference
in the Comrnunity
Manchesteryoung Talent Awaids-Agent of Change lindividuat)
Made in ManchesterAwards- Te8m of the Year
North Wesl Football Awards- Community Club of the Season
D8partmental fo¢us:
Education
Our education teatn piovided young people and adLJItS With the plafform to gain wedited qualifications whilst
partiapating in a range of personal development and engagement opportunities.
Found8tion 92's provision is based around the delNery of small-gioup intervention provision, enabling the
Foundation's tutors, mentors and teachers to fully meet the needs ol eath individual within the programme.
Out of the 358 students that received one-to-one mentoring, 78% reported ifflp￿ed academic performance,
whilst 85D/o reported improved aspirations for the future.
In 2024, we delivered mental health wod(shops across 10 schools in Salford. Out of the lotsl partlClP8nts, 89.3YD
reported feeling mole posib"ve," 94°/o reported more conlidencE in recognising signs of their peers who tllay need
additional support,. aThY 98Vo reported increased sellesteem.
The Charity offered extra English intervention for 144 of year 6 pupils in preparation for Éheir SATS and of
these participants felt more inspifed, while 100/0 felt more prepared for Iheii exams.
Donations and grft5 from the Moulding Foundation have enabled Foundation 92 and Unwersity Academy 92 to
collaborate on 8 non-repayaUe bursary of fin8ncial aid, supporting 24 university students. Each bursary has
been specifically targeted towards those studenls frotn disadvantaged backgrounds
Community Youth Work
Foundation 92 is proud to provide a wide range of fun, safe and engaging activilies across Salford and G¥eater
Manchester.
All sessions are led by fully qualified staff who are wholly committed to supporting young people within their
communrty to thrive and lead a healthier lifestyle. At Foundation 92. we aim to be part of the developtnent and
growth of young people to help everyone gain a bright fuluie through sport and education.
From our outreach work, 91% of participants reported feeling less involved in risk-taking behavioijrs. whilst g8¢/0
of participants involved in social action projects reported a greater sense of belonging within their community,
nd 86°/o of these would volunteer again in the future.

FOUNDATION 92
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 OCTOBER 2024
Health and Wellbeing
The Foundation underst8nds that Sport is a fantastic tool to improve the corntnunity's health and wellbeing.
Each progiamme developed by Foundation 92, is C(x)rdinated to ensure we can have a posth.ve influence on
each individual participant's health and wellbeing.
Throughout the past 12 months, the challty has been able to positively engage with 265 individiJa15 on the he81th
and wellbeing progiamme. The daily, weekw and tnonthly activities have seen 4740 visits by community
members alongside fiee-to-access delivery hours in excess of 1000 being directly delivered into the heart of
communrties.
Wellbeing Hub
The Wellbeing Service is a partnership of welcoming community spa￿S across Greater Manchester, supporting
pei)ple on piobation to move forward with theii lives.
Led by The Big Life group. the charity offers free, personalised 5UPPOrt around what matters most to each person
whether that's improving wellbeing, strengthening family rdalionships. or getting help with money.
FoL5fKJation 92 delivers in Slo¢kport to support and motivale partupanls lo make positive changes to a wide
range of areas in Iheir lives, induding..
Physical and emotional well-being
Fatnily and ￿lationShipS
Building social connections
Money management skills
Access to training and employment
The Wellbeing Hub exists to prevent and reduce ie-offending. recall rates and crime in the community.
Participants are supported using a person-centred. slrength-based and trauma-inlormed approach.
The Vvellbeing Hub has been able to support participants lo save financial￿ on their bills through the help of our
money rn8n8gement courses.
Partiapants have also been supported to enable home visils to family and friends, further irnproving their mental
health and strengthening family relationships.

FOUNDATION 92
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
Financial performance
The Trustees are pleased with the charills robust Iinanual performance over the past year. Gurienlly. the charity
has accumulated ie5erves that exceed six tnonths. woth of operating expenses, providing a solid financial
cushion in a tough economic dimate.
This stability is bolstered by our diverse portfolio of inctsme sources, which indudes both restricted funds
designated for specific purposes and unrestricted funds that can be allocated in line wth the charily's strategic
objectives.
This allows the chaiity to effectNely respond lo the needs of those we seNe, aligning closety with Foundation
92's strategic objedives.
The Trustees are confident that, thanks to the detailed policies and strateg￿S we've put in place, the charity wll
continue on a path of development and sustainability. We are committed to operating in a piogressive manner
that allows us to adapt lo changing circumstances while maintaining our core mission.
11 is our policy to preserve unrestrided funds at a level that equates to al least six months of our total
expenditure. The Trustees believe that tnaintaining this level of ieseNes is crucial in ensuring that, should we
experien￿ a significant reduolion in funding, we will still be able to sustain OL*r essential activities.
This measure ensures that we can cx)ntinue delivering vital setvice5 while simultaneously exploring avenues for
raising additional funds.
Throughout the year, we have successfully maintained our reserve levels 8s planned. Furthermore, the Ttustee5
regularty conduct a thorough assessment ol the key risks that COLJld impact the chanty, and we are satisfied that
effective Systems and protocols are in place to mitigate these risks, assuring OLJr continued resilience and
effectiveness in fulfilling our mission.
Risk Assessment
The trustees having examined the major stiategic, business and operational risks which th8 tharity faces and
nfim) Ihat policies have been established to ensure regular monitoring and reporting. This will allow for timely
intervention when necessary to reduce these risks.
structure. governance and management
The charity is a Charitable Incorporated Organisation.
The Ttustees who seNed during the year and up to the dale of signature of the finanrAal statements were..
R Giggs
Y Harrison
T Camilleri
W Lewis
R B￿C￿eY
G Wilson
J Jackson
{Appointed 25 June 20251
Risk Assessment
The tiustees having exarnined the major strategic, business and tsperation risks which the charity fa￿$ and
confirms that policies have been established to ensure regulaf rnonitoring and reporting. This will allow for timely
intervention when necessary to reduce these risks.

FOUNDATION 92
TRUSTEES. REPORT ICONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
Foundation 92 partners
The Trustees of Foundation 92 would like to place on record their sincere thanks to eath partner who have
difectly supported Foundation 92's life Changing work. In particular Foundation 92 would like to thank the
ftsllowing partners for their outstanding support..
1 st Central
AgeUK Saiford and Trafford
Avanti Wesl Co&st
BBC Children in Need
Beyond Sport
BrightHr
British Tran5POrt Poli
British Triathlon
Bupa UK Foundation
Clarion Futures
CotHmUNITY Little Hutton
Crewe lo Manchester Rail Partnership
Cross Country
Cruyff Foundation
Denis Law Legacy Trusl
EFL in the Community
Experian
Football Foundation
ForHousing
Fieekicks Foundation
Greater Manchester Police
Greater Manchester Violence Reduction Unit
Greater Sport
Hotd Football
Irwell Valley Foundation
Islamic Relief
JD Foundation
Jigsaw Homes
JMW
Kell￿g,5 Manchester
Kuil Steinart Levy LLP
LTA Tennis Foundation
Manchester City Council
MEComtll5
Media Cubs
Moulding Foundation
National Literacy Trust.
National Lottery Community Fund
Network Rail
Northcaie Charrty
Northem Rail
One Manchester
Piemier League Charitable Fund
Rochdale Council
Salfoid City Council
Salford City Football Club
Salford CVS
Sallord Lads Club
Salw HotHes
Sport England
Stockport Council
Tandem bank
The Big Life Group
The FA
The Federations ol Jewish Services
The Welfare SeTViCe
The Professional Footballers Association Trafford Council
The INoikeis Educational Association
Trafford Housir)g Trust
TransPennine Express
Tiall5POrt for Greater Manchester
Twinning Projecl
UK Youth
UniversityAcadetny 92
Veterans Foundation
The TrttStees' reptsrt was approved by the Board ofTrustees.
Y Harrison
Trustee
08ted.. 26 August 2025

FOUNDATION 92
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 OCTOBER 2024
The Trustee5 are responsible for preparing Ihe Tiustees, Report and the financial statetnents in accordance with
aptAicable law and United Kingdom Accx)unling Standards {Uniled Kingdorn Generally Accepted Accounting
Practice}.
The law applicable to chaTlties in Eng￿nd and Wales requires the Trustees to prepare finana81 statements foi each
financial year which give a tiue and fair view of the state of affairs of the charity and of the incoming ie50UTces and
applicalion of reSoUr￿S of the charity lor that year.
In weparing these financial statetnents, the Trustees are required to".
select suitable accounting poliries and then apply them consistenlty.,
- observe the methods and principle5 in the Charities SORP.,
tnake judgements and eslimales that are reasonable and prudent..
state whether applicable accounting standards have been followed. subjeci to any material departures disdosed
and explained in the financial statements.. and
prepare the financial slalements on the going concem basts unless it is inappropriate to presume that the charity
will continue in operation.
The Trustees are responsible for keeping sufficient accountin9 recoids that disclose with reasonable accuracy at
any time the financi91 position of the charity and enable them lo ensure that the financial slalemenls comply with the
Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They
are also responsible for safeguarding the assets of the chattty and hence for taking re8sonable steps for the
prevention and detection of fraud and other irregularities.

FOUNDATION 92
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF FOUNDATION 92
Opinion
We have audited the financial statements of Foundation 92 Ithe'charity) for the yeaf ended 31 October 2024 which
comprise the statement of financial activities. the balance sheet, the slalemenl of cash flows and notes to the
financial statements, including significant accounting policies. The finanoal reporting fiamewotk that has been
applied in Ihar prepaialion is applicable law and United Kingdom Accounting S18ndards, Including Finanaal
Reporting Standaid 102 The Financial Reporting Standard applffcable in the UK 8nd Republic of I￿land (United.
KingdotTr Generally Accepted Accounting Praclicel.
In our opinion. the financial slaternenls..
give a true and faif view ol the stale of the chaiity's affairs as at 31 Odobei 2024 and of ils incoming
sources and applie2tion of ￿SoUrCes, for the year then ended.,
have been properly prepared in accordanTr with United Kingdom Generally Ac£epted Accounting practi￿..
and
have been prepared in accordance with the Charities Act 2011.
Basis for opinion
We conducted our audit in accordanoe with International Slandards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibilities under those standards are further described in the Audilorfs responsitslilies for th8 8udit of
the fi￿anCial statemenls section of our iepDrt. We are independent of the charity in accordance with the ethical
requirements that ale relevant lo our audit of the financial slalements in the UK. including the FRC'S Ethilxl
Standard. and we have fulfilled our other ethical iesPQnsibililies in accordance with these requirements. We believe
Ihat the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to 90ing concern
In auditing the financial stalemenls, we have conduded that the Trusle8s' use of the going concein basis of
ac£ounling in the piep8ration ol the financial statements is appropriate.
Based on the work we have performed. we have not identified any material Un￿rtaIntieS relating lo events 01
conditions that, individually or collectively, m8y cast signfficant doubl on the ch8rity's atylity to continue as a going
concern for a peiiod of at least twelve months from when the finanaal statements ar8 authorised lor issue.
Our responsibi5ities and the responsltilit￿S of the Trustees wrth iespect to going concem are described in the
levanl sections of this report.
other Infomiation
The other infoitnation comprises the information induded in the annual report other than the finanaal staternents
and our audilorfs report thereon. The Trustees are responsible for the other inforrnation contained within the annual
report. Our opinion on the financial statements does not cover the other inform8tion and we do not express any fortn
of assurance conclusion thereon. Our responsibility is lo read the other inform81ion and, in doing so, consider
whether the other inlomiation is materi311y inconsistent with the financial statements or our knowledge obtained in
the course of the audit. or olhetwise appears to be materially misstated. If we identify such rnaterial inconsistencies
01 apparent material misstatements, we are required lo determine whether this gives rise lo a material misstatement
in the finanaal staternenls thetll5elve5. 11, based on the work we have performed, we 1x)r￿lude that there is a
material misstatement of this other infortllatitsn, we are required lo report that fact.
We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities {Acwunts and
Reports) Regulations 2008 requires us to report to you if, in our opinion".
the informalton gwen in the financial staternenls is inconsistent in any mater[81 respect wrth the Trustees.
report., or
sufficient 8ccounting records have not been kept," Or
the financial statements are not in agreement with the accounting records,. or
we have not received all the information and ex￿anatiOnS we requi￿ for our audit.

FOUNDATION 92
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF FOUNDATION 92
Responsibilities of Trustees
explained rnOTe fully in the statement of Trustees. responsibililies, the Trustees are responsible for the
preparation of the Iinancial statements and for being satisfied that they give a true and lair view. and for suth
internal control as the Trustees deletrnine is necessary to enable the preparation of financial slalemenls that are
free from material misslatemenl. whether due to fiaud 01 em)r. In preparing the financial slatemenls. the Trustees
are responsible foi assessing the charity's ability to contifiue as a going concern. disclosing. as applicable, matters
related to going concern and using the going concern basis of accountin9 unless the Trustees either intend to cease
operations. or have no realistic alternative bul lo do so.
Auditor's responsibilities for thè audit of the financial statements
We have been appointed as aLJdilor undef section 144 of the Charities Act 2011 and report in accordance with the
Act and relevant regulalh)ns made or having effect theieunder.
Our objectives are to obtain reasonable assurance about whether the finan￿87 statetnents a whole are free from
tnateiial misstatement, whether due to fraud or error, and to issue an auditol's report that includes our opinion.
Reasonable assuran￿ is a high level of assurance but is not a guarantee that an audit conducted in accordance
with ISAS IUKI wll always detect a material misslatemenl when it exists. Misstatements can aiise frotn fiaud 01
error and are considered material if. individually or in the aggregate, they could reasonably be expected lo influence
the economic decisions of users taken on the basis of these financial statements.
The extent lo which our procedures ale capable of detecting irregularities, induding fraud, is detailed below.
As part of our planning process..
We enquired of management the systems and controls the chaiity has in place, the areas of the financial
statements that are mostly susceptible to the risk ol irregularities and f18ud. and whether there was any known,
suspected or alleged fraud. The charity did not inform us of any known. Suspected 01 alleged fraud.
We obtained an understanding of the legal and regulatory frameworks applicable to the charity. We delermined
that the following were Tn05t relevant.. FRS 102, Charities Act 2011 & the Health and Safely act 1974.
We considered the incentives and opportunities that exist in the charity. iwluding the extent of management bias,
whi¢h piesent a potential for irfegularilies and fraud to be perpetuated. and tailored our risk assessment
accordingly.
Usin9 our knowledge of Ihe charity, together with the discussions held with the tharity al the planning stage. we
formed 8 conclusion on the iisk of misstaternent due to irregularities induding fraud and tailored our procedures
according to this risk assessment.
In response to the risk of irregu5aTities and non-<x>rnpliance with laws and regulations, induding fraud. we designed
procedures which induded..
Enquiry of management and those charged with g0veMan￿ around actual and potential 15bgation and claims as
well a5 actual, suspected and alleged traud.,
Reviewing minutes of meetings of those charged with governance..
- Assessing the extent ol Complian￿ with the laws and regulations considered lo h8ve a direct tnaterial effect on the
financial statements or the operations of the enlity through enquiry and inspection.,
Reviewing financial statetnent disclosures and testing to supporting documentation lo assess ctsmplianee with
applicable law5 and regulation5',
Performing audit work over the iisk of management bias and override of controls, including lesling of joum81
entries 8nd other adjustments for appropriateness. evaluating the business rationale of signfficallt transactions
outside the norrnal course of business and reviewing accounting estimates for indicators of potential bias.
There are inherent limitations in the audrt procedures described above. The mole removed that laws and
regulations are from financial transactions, the less likely it is that we would become aware of non-compliance.
Audits"ng standards also limit the audit procedures required to identify non-compli8nC8 Wlth laws and regulations to
enquiry of the d1￿ClorS and other management and the inspection of regulatory and legal correspondence, if any.
The risk of not detecting a materkil mi5$1alernenl resulting from fraud is higher than one resulting from error, as
fi8ud may involve collL*Sh)n, forgery. intentional omissions, misrepresentations, or the override of intemal control.
10

FOUNDATION 92
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF FOUNDATION 92
A further description ol our responsibilities is available on the Financial Reporting Council's website at." Mtps.'Il
www.Iic.org.uklauditorsresponsibilib"es. This de5CriPtion forms part of our audilor's report.
Other matters
Your atte￿110￿ is drawn to the fact Ihat the charity has prepared financial statements in accordance Wbth "Accounting
and Reporting by Chaiities". Statetnent of Recommended Practice applirable to charilies preparing their accounts in
accordance with the Fin8ncial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 las
amended) in preference to the Accounling and Reporting by Charities.. Statetnent of Recommended Practice issued
on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
This has been done in order for the Iinancial statements lo provide a true 8nd fair view in accordance wilh current
Generally Accepted A¢￿￿ntIng Practice.
Use of our report
This report is made solety to the chaiity's trustees. as a body. in accordance wilh Part 4 of the Charilies (Accounts
and Reports) Regulations 2008. Our aLSdit work ha5 been undertaken so that we migm state to the charivs
Trustees those matter5 we are required to state to them in an auditoi's report and foi no other purpose. To the
fullest extent perrnilted by law. we do not accept or assume responsibility lo anyone other than the charity and the
arity's Trustees as a body, for our audit work, for this ieport, or for the opinions we hav8 formed.
Gary Woodall FCCA (Senior Statutory Auditor)
Foi and on behalf of Champion Accountants LLP, SlalutoryAuditor
Chartered Acoounlants
1 Worsley Court
High Street
Worsley
Manchester
M28 3NJ
26 August 2025
Champion Accounlanls LLP is eligible for appointment as auditor of the charity by virtue of its eligibility for
appointment as auditor of a company undei Sect￿On 1212 of the Companies Act 20(￿.

FOUNDATION 92
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2024
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Notes
Incorne and endowmet)ts from..
Donation5 and legacies
Other trading adivities
Other incotne
740,260
271,967
122,204
680,879 1,421,139
271,967
122,204
689,512
275,289
64.895
419,889 1.109,401
275,289
e4,895
Total income
1,134,431
680.879
1,815,310
1,029,696
419,889
1,449,585
Expenditure on:
Raising funds
Charitable activities
Other expenditure
15,019
835,948
17.158
15,019
1,528,827
17,158
3.704
980.797
13,679
3.704
407.889 1,$98.686
13,679
692,879
13
Total expendstL5re
868.125
692,879 1,561,004
998,180
407,889
1,406,069
Net incomellexpenditurel and
movement in furHIs
266,306
112.(XJOI
254,306
31.516
12,IXJO
43,516
Reconciliation of funds:
Fund balances 811 Novernber
2023
581,977
12,000
593.977
550,461
550,461
Fund balances at 31 October
2024
848.283
848,283
581,977
12,000
593.977
The stalement of finanaal activities indudes all gains and losses recogni5ed in the year. All income and exp8nditure
derive from continuing activities.
12-

FOUNDATION 92
BALANCE SHEET
AS AT31 OCTOBER 2024
2024
2023
Notes
Fixed assets
Intangible assets
Tangible asset5
15
16
1,125
62,108
52,356
52,356
63,233
CUr￿nt assets
Debtors
Cash at bank and in hand
17
403,052
961,617
369.419
845,206
1.364.669
1.214,625
Creditors.. amounts falling due within
one year
18
1568.7421
1683.8811
Net current assets
795,927
530,744
Total assets less current liabilities
848,283
593,977
The funds of the charity
Restricted income funds
Uniestiided funds
21
23
12.000
581,977
848,283
848,283
593,977
The financial statements were approved by the Trustees on 26 August 2025
Y Harrison
Trustee
13-

FOUNDATION 92
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 OCTOBER 2024
2024
2023
Notes
Cash flows from operating activities
Cash generated from opeiatlOll5
26
127,0(
339.779
Investing activrties
Purchase of tangible fLKed assets
Proceeds from disposal of tangible fNed
assets
110,7841
145,1001
189
Net cash used in investing activities
110.5951
{45,1001
Net cash gerberated from financing activities
Net increase in cash and cash equivalents
116.411
294.679
Cash and cash equivalents at beginning of year
845,206
550,527
Cash and cash equivalents at end of year
1,617
845.206
14-

FOUNDATION 92
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
Accounting policies
Charity inforrnation
Foundation 92 is a charitable incorpor8ted organisation, with the re9isliation number 011180246.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's constilution of 8 charitabl
incorporated oiganisation, the Charities Act 2011, FRS 102 'The Financial Reporting Standard applicable in
the UK and Republic of Ireland" I"FRS 102.1 and the Charities SORP"Accounting and Reporting by Chaiities..
Slalemenl of Recommended Practice applicable to charities Pfeparing their accounts in a¢cord8nGe with the
Financial Reporting Standard applicable in the UK and Republic of Iie1and {FRS 1021. leffeclive 1 January
20191. The charity is 8 Public Benefit Entity as defined by FRS 102.
The ffinanaal statements have departed from the Charities IAccounts and Reports) Regulations 2008 only to
the extent required to provide a true and fair view. This deparlure has involved followi￿9 the Statement of
Recommended Practice foi charilies applying FRS 102 rather than the version ol the Statement of
Recommended Practice whid) is referred to in the Regulab"ons bul which has since been withdrawn.
The financial statements are prepared in steiling, which is the functional currency of the charity. Monet8ry
amounts in these finanaal statements are rounded to the nearest £.
The financial statements have been prepared under the historic81 cost convention. The principal accounting
policies adopted ale set out below.
1.2 Going concem
At the time of approving the finanriaS slalements. the Trustees have a ieasonable expectation that the charity
has adequate iesources to continue in operational existence lor the foreseeable future. Thus the Trustees
continue to adopt the going concern basis of accounting in preparing the finanaal st8tetnents.
1.3 Charitable fund5
Unrestricted funds ar8 8vailable for use at the discretion of the Trustees in fvrtherance of their charIta￿e
objectives.
1.4 Income
Incorne is re￿gnISed when the charity is legally entitled to rt after any perfortnance conditions have been met,
the amount5 can be measured reliably, and it is probable that incorne will be ￿￿1ved.
Cash dtsnations are r￿￿gnised on ieceipt. Other donations are recognised once the charity has been notified
of the donation, unless perf0m￿nCe corKlitions require deferral of the amount. Income tax recoverable in
relation to donations re￿iVed under Gift Aid or deeds of covenant is recognised at the time ol the donatK)n.
Legacies are recognised on receipt or otherwse if the charity h85 been notified of an impending distribution,
the amount is known, 8nd receipt is expected. If th8 8mount is not known. the leg8Cy 15 tfeated as a
contingent asset.
Assets for distribution are recognised only when distributed. Assets given for use by the charity are
recognised when re￿ivable. Stocks of undistributed donated goods are not valued foi balance sheet
purrK)ses.
Income received in Ihe fomi of value in kind is recognised 81 fair value as the benefit is received.
15-

FOUNDATION 92
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
Accounting policies
Icontlnuedl
1.5 Expenditure
Expendiluie is iecogni5ed On￿ there is 8 legal 01 constructive obligation lo Iiansfei econotnic benefit to a
third party. it is probable that a transfer of economic benefits will be required in 5eltletnent, and the amount of
the obligation can be rneasuied reliably.
Expenditure is classffied by activity. The costs of each activity are rnade up of the total of direct costs 8nd
shared costs, including support COSts inVo￿ed in undertaking eath activity. Direct costs attributable to a single
activrty are allocated directly to that activity. Shared costs which contribute to more than one activity and
support costs which are not 8ttributable to a single activity ale apportioned between those activities on a basis
con51Stent with the use of resouices. Central staff costs are allocated on the basis ol lime spent, and
depieciation charges are allocated on the portion of the assel's use.
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure indudes any VAT which
cannot be fully recovered, and is reported ag part of Ihe expenditure to which it relates.
1.6 Intangible fixed a¥sets other than goodwill
Intangible assets acquired separately frorn a business are recognised at cost and are subsequenily measured
at C05t less accumulated amortisation and ac￿MU1a1ed impairment losses.
Infangible assets acquired on business combinations are wognised separately from goor￿111 al the
acquisltion date where il is probable that the expected future economic berTrefits that are attributable lo Ihe
asset will flow to entity and the fair value of the asset can be measured reliably.. the intangible asset arises
frorn contractual or other legal rights.. and the intangible asset is separable from the entity.
Amortisalion is recognised so as to write off the cost or valuation of assets less their residual values over their
useful live5 on the following bases..
Website
3 years straight line
1.7 Tangible fixed assets
Tangible fixed assets are initially measured 81 cost and subsequently measured at cost, net tsf depreciation
and any imp8irtnent k)sses.
Depreciation is recognised so as to write off the cost or valuation of assets les5 their residual values over their
us8ful lives on the following bases..
Leasehold improvement$
Fixtures and fittings
Computer equipments
Motor vehicles
Over the life of the lease
3 years straight line
3 years slraighl line
25% reducing balance
The gain or loss ariging on the disposal of an asset is determined as the difference between the sale proceeds
and the carrying value of the asset, and is recDgnised the statement of finanaal activities.
1.8 Impairment of fixed assets
At each ￿porting end date, the charity reviews the carrying arnounts of its tangible and intangible assets to
detemine whether there is any indication that those assets have Suffered an impaiment loss. If any suth
indication exists, the recoverable arnount of the assel is eslim8led in ordef tts determine the extent of the
impairrnenl loss lil any).
16-

FOUNDATION 92
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
Accounting policies
Icontlnuedl
1.9 Cash and cash equivalents
Cash and cash equivalents indude cash in hand, deptssits held at call with banks, other short-lerm liquid
investrnents wlh original malurities of three months or less, and bank oveidraft5. Bank overdrafts are shown
within borrowings in curfent liabilities.
1.10 Financial Instruments
The charity has elected to apply the provisions of SectK)n 11 'Basic Financial Instruments, a￿1 Section 12
'Other Financial Instruments Issues, ol FRS 102 to all of its financial instruments.
Financial instrurnents are recognised in the charity's balance sheet when the charity becomes party to the
contractual provisions ol the instrument.
Financial assets and liabilities ale offset. with the nel amounts piesented in the finanual statements. when
there is a legally enfor￿able right to set off the recoonised amounts and there is an intention to settle on 8 nel
basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets. whtch include debtors and cash and bank balances. are initially m8asured at
transaction pri￿ including transadion c05t5 and are subsequently ra[￿ed al amortised cost using the effective
interest method unless the arrangement constilules a financing transaction, where the transaction is
rneasured at the present value of the futu￿ receipts discounted at a rnarket rate of interest. Financial assets
classified as receivable within one year are not amortised.
Basic financial liabilitles
Basic Iinancial liabilities, including credittsrs and bank loans are initially recognised at transaction price unless
the arrangernent constitutes a financing tiansaciion, where the debt instrument is measured at the present
value of the future payrnenls discounted at a market rate ol inteiesL Finanaal liabilrties classified as payabl8
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditois a￿ obligations lo pay for goods or Services that have been 8cquiied in the ordinary course of
operations from suppliers. Amounts payable afe cjassified as current liabilities if paytnent is due within one
year or less. If not, they are presented as non-current liabilities. Tr8d8 creditors are recognised initially al
transaction price and subsequentty measured at atnortised cost using the effective interest method.
Derecognition of finanelal Ilabllltles
Financial liabilities are derecognised when the charity's coniractU81 obligations expire or are discharged or
cancelled.
1.11 Employee benefits
The cost of any unused holiday ent￿ernent Is ￿cognised in th8 period in which the employee's services are
received.
Temiination benefrts are recognised immedialety as an expense when the charity is detnonstrably committed
to terminate the employmenl of an employee 01 to provide termination benefrts.
1.12 Retlrement benefit8
P8yment5 to defined contribution rebrement benefit schemes are charged 85 an expense as they fall due.
17-

FOUNDATION 92
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
Critical accountlng estimates and judgements
In the 8pplicalion of the ch8rily'5 accounting policies, the TTUStees are required lo make judgetnents,
estimates and assumplions about the carrying amount of assets and liabi1ilies that are not ieadily apparent
from other sources. The estimales and associated assumptions ale based on historical experience and other
factors Ihal are considered to be relevant. Adual results may differ from Ihese estimates.
The eslim8tes and underSying assumption5 are reviewed on an ongoing bask%. 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 peiiod ol the revision and future peiiods where the ievision affects both current and future
perK)ds.
Income from donatlons and legacies
Unrestricted Restricted
funds
ftJnd$
2024
2024
Total Unresthcted Restricted
funds
funds
2023
2023
Total
2024
2023
Grants
Donated goods and
servi￿S
724,510
680,879 1.405,389
644,069
419.889
1,(￿3,958
15,750
15.750
45.443
45,443
740,260
680.879 1,421,139
689,512
419,889 1,109.401
Income from other tradiny activities
Unrestricted Unrestricted
fund8
funds
2024
2023
Fundraising events
Sponsorships and soual lotterie5
145,310
126,657
64,945
210,344
Other trading activities
271,967
275.289
other income
Unre8tricted Unrestricted
funds
funds
2024
2023
Other income
122,204
64.895
18-

FOUNDATION 92
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
Expenditure on raising funds
Unrestricted Unrestrf¢ted
funds
funds
2024
2023
FundraisirFg and publiclty
othei fundraising costs
15,019
3,704
Expenditure on charitable activitses
Programme Programme
delivery
delivery
2024
2023
Staff costs
Facility hife
(Xher fundraising costs
Chaiitable donations
Other p[￿raMMe delivery
Peel Park
542,648
63,975
26,000
5,241
70,612
396.500
41,882
34.167
27,583
34,376
130.641
708,476
665,149
Grant fvnding of activiti8s18ee note 81
85,831
11.389
Share of support and governance costs Isee note 91
Support
Governance
673,200
61,320
669,953
42,195
1,528,827
1,388,686
Analysis by fund
Unrestricted funds
Re5tiicled funds
835.948
692,879
980,797
407.889
1.528,827
1.388,686
Grants payable
Programme Programm•
delivery
delivery
2024
2023
Grants to individuals
85.831
11,389
19-

FOUNDATION 92
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
Support costs
Sltpport Govemance
costs
costs
2024
Support Governance
costs
costs
2023
Slaff costs
Depreaation I
Amortisation
Rent & Rates
Fundraising
sub￿riptions
Oftice funning costs
Insurance
Workweai
Travel & subsistence
Accountancy
465,739
465,739
390,395
390,395
21,472
38,714
14,827
4,479
63,509
10.570
5.347
35,044
13.499
21.472
38,714
14.827
4,479
63.509
10.570
5.347
35,044
13,499
21,357
52,356
73,922
8,772
43.024
5,398
24,313
46,080
4,336
21.357
52,356
73,922
8,772
43,024
5.398
24.313
46.080
4,336
Audit fees
Legal and professional
Consuttancy
Bank charges and
inteiest
7,200
27,865
24.257
7,200
27.865
24,257
6,000
13,850
20,492
6,000
13,850
20.492
1,998
1.998
1.853
1,853
673,200
61,320
734.520
669.953
42,195
712,148
Analysed belween
Charitable actwities
673,200
61,320
734.520
669,953
42,195
712,148
10 Net movement in funds
2024
2023
The net movern8nt in fijnds is staled after th8rgingllcrediting}'.
Fees payable to the charitys auditor..
for the audit of the charrty's fin￿n￿£1 statements
for other financial services
Depiecialion ol owned tangible fixed assets
Amort15ab"on ol intangible assets
Operating lease charges
7.200
13,499
20.347
1,125
38,513
6,0(X)
4,336
19.857
1,500
51,889
11 Trustees
None of the Trustees lor any persons connected wlh them) receNed any remvneration or benefits from the
tharity during the year.
-20-

FOUNDATION 92
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
12 Employees
The average monthly number of etllployees during the year was..
2024
Number
2023
Number
61
Employment ¢o$ts
2024
2023
Wages and salaiies
Social security costs
Other pen%on costs
Other staff costs
924.043
68,055
13,846
2,443
719,832
54.673
10,817
1,573
1,008.387
786,895
The numl)er of employees whose annual ￿mUneratiOn was rnore than £60,000
is as follows..
2024
Number
2023
Number
£60,001- £70,000
13 Other
Unrestricted Unrestricted
funds
funds
2024
2023
Other expenditure
17,158
13,679
17,158
13.679
14 Yaxatlon
The charily is exempl trom laxatK)n on its actiwties because all its in(x)mÈ is applied for charitable purposes.
21

FOUNDATION 92
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
15 Intangib￿ fixed assets
lebslte
Cost
Al 1 Ntsvember 2023 and 31 Octobe¥ 2024
4.500
Amortisation and impasmient
At 1 November 2023
Amortisation charged for th8 year
3.375
1,125
At 31 October 2024
4.500
Carrying afflount
At 31 October 2024
Al 31 October 2023
1,125
16 Tangible fixed assets
Lea88hold FIX￿r¢S and
Improvements
fittings
Computer
*q¥lpments
Motor
vehlclTr$
Total
Cost
Al 1 November 2023
Additions
Disposals
1,940
1.349
11891
37,947
5.847
65,400
105.287
10,784
(1891
3,588
At 31 October 2024
3.588
3,100
43,794
65,400
115,882
D8preclation and impaimient
At 1 November 2023
Depreciation thaiged in the year
613
762
26.291
7.304
16,275
12,281
43.179
20,347
At 31 October 2024
1,375
33,595
28,556
63,526
Carrying amount
Al 31 October 2024
3,588
1.725
10.199
36,844
52,356
At 31 October 2023
1,327
11,656
49,125
62,108
17 Debtors
2024
2023
Arnount8 falling due withln one year..
Tr8de debtors
Other debtors
Prepayments and awiued income
320,554
349,321
1,000
19.098
82,498
403,052
369,419
-22-

FOUNDATION 92
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
17 Debtors
Icontinuedl
Trade debtors provided against in the year were £nil12023.. £45.6621
18 Creditors: amounts falling due within one year
2024
2023
Notes
Othei taxation arKI Social security
Oeferred income
Trade creditors
Other creditors
Ac(xuals
15,391
487,757
30,921
2,459
32.214
12.300
534,542
111.846
6,828
18,365
19
568.742
e83,881
19 Deferred income
2024
2023
Other deferred income
487,757
534,542
Deferred income arises due to giant and sponsorship incorre ieceNed in advan￿ of fvture projects, and is
inc5uded in the financial statements 35 folk)ws'.
2024
2023
Deferfed income is included within..
Current liabilities
487,757
534.542
Movements in the year..
Deferred income at 1 Novembei 2023
Released frotn previous periods
Resources deferred in the year
534.542
1534,5421
487,757
284,539
250.(X)3
Deferred income at 31 Ociober 2024
487,757
534,542
20 Retirement benefit schemes
2024
2023
Defined contributlon schemes
Charge to prolil or105s in iespect of defined contriFJJlion scherne5
13,846
10,817
23-

FOUNDATION 92
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
20 Retirement benefit schemes
(Continued)
The charity operates a defined conliibution pension scheme foi all qualifying employees. The assets of the
scheme ale held separately frorn Ihose of the charily an independently adminislered fund.
21 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on tiust
subject to specific condittons by donors as lo how they may be used.
At1
November
2023
Incoming
resources
Resources At 31 October
expended
2024
LTA Foundation
JD Foundation
NFL Foundation
Rochdale Borough Counul
Stockport Council
The Football Association Ltd
Transportfor G￿ater Manchester
Northern Railway
Islamic Relief
UK Youth
UA92
BBC Child￿rt in Need
Big Life Centres
Veterans Foundations
25,657
30,000
23,500
60,000
7.800
15,(KlO
142,000
28,000
35.300
{25,657>
{30,0001
P3,5001
160.0001
(7,6001
{15,000)
1142.0001
(28,0001
135.3001
112,000)
(85,831)
{20,0001
1187.7911
120.0001
12.000
85,831
20,000
167,791
20,0(X)
12,000
680,879
{692,8791
Previous year..
At1
November
2022
Incoming
resources
Resources At 31 October
expended
2023
National Lottery Community Fund
Transport for Greater Manchester
Avanti Vvest Coast
Holiday Activity Fund
Violence Reduction Grant
Fit F8nslEFL Tiust
Mental Health Transformation oificer Role
Emerging Talent Centre
Veterans Foundation
UK Youth
UA92
10,000
100.000
120,000
51,000
60.OQKI
2.500
18,000
15,(X)O
20,000
12,000
11.389
110.0001
(100.0001
{120,0(K)I
151,0001
160,0001
12,5001
(18,0001
{15,000)
120,0001
12,000
111.3891
419,889
(407,8891
12.000
-24-

FOUNDATION 92
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
22 Unrestricted funds
Th8 unTestricted funds of the ohaiity comprise the unexpended balances ol donations and grants which 8r8
not subject to speafic conditions by donois and grantors as to how they may be used. These include
designaled funds which have been set aside out ol unrestricted funds by the ttUStees lor specific purposes.
Atl
November
2023
Incoming
resources
Resources At 31 October
expended
2024
General funds
581,977
1,134,431
{868,1251
848,283
Prevlous year:
At1
Incoming
sources
Resources At 31 October
expen(led
2023
Novetnber
2022
General funds
550,461
1.029.696
1998,1801
581,977
23 Analysls of net assets between funds
un￿StrICted
funds
2024
Restricted
fund5
2024
Total
2024
At 31 October 2024=
Tangible assets
Current assetsloiabilities)
52,356
795.927
52,356
795,927
848,283
848,283
Unrestricted
funds
2023
Restricted
funds
2023
Total
2023
At 31 October 2023:
Intangible fixed assets
Tangible assets
Current assetsllliabilities)
1.125
62,108
518,744
1,125
62,108
530,744
12.000
581,977
12,000
593,977
-25-

FOUNDATION 92
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
24 Operating lease commitsments
Al the reporting end date the chaiily had outstanding commitments for future minimum lease paytnenls under
non-cancellable operating leases, which fall due as follows..
2024
2023
Within one ye3r
Between two and five years
28,239
28,775
20,000
28.239
48,775
25 Related party transactions
By way of ￿Mmon management, Salford City Football Club Limited at)d 01d Tralford Supporters Club Limited
are related parties.
During the year. the tharity re￿iVed donations valued £15.75012023'. £8,13n from Salford City FcKitball Club
Limited and £nil12023.. £4,306) from Old Trafford Supporters Club Limited.
DLJring the year Ihe charity was iechaiged expenses from Salford City Fotstball Club of £1,28812023.. £9,145),
and at the year end owed S8Word City Football Club £17612023: £7671.
26 Cash generated from operatsons
2024
2023
Net income for the ye8T
254,306
43.516
Adjustments for:
Amortisalion and impairment ol intangible assets
Depreciati(m and impairrnenl of tangible fixed assets
1,125
20,347
1,500
19,857
Movements in working ¢apitsl'.
Ilncieasel in debtors
(Decreasellincrease in creditors
IDecreasellinueasÈ in deferred In￿Me
{33,633)
168.3541
146,7851
(78,8541
103,757
250,003
Cash generated from operations
127,006
339,779
27 Analysis of changes in net funds
The tharty had no material debt during the year.
-26-