2021-12-31-accounts

Contents
Page:
1		Reference and administrative			information
2-4		Report of the Trustees
		Independent Examiners Report
		Statement of Financial	Activities (Incorporating					the Income and Expenditure			account)
		Statement of Financial	Position
		Statement of Cash Flows
9-18		Notes forming part of	the Financial Statements
		Reference and			administrative			information
Trustees		David Barry Dein
		Baroness Karren Brady	CBE
		Mark Paul Phillips KC
		Richard Nicholas Parry
		Dame Sally Coates
		Nigel William Wray
		Ian Edward Wright
		Jason Swettenham
		Jonathan Peter Martin	Norbury
		Gregory Dyke
		Rollo William Orlando	Head
		Robert James Sullivan
Principal Office		5th Floor, 165-167Great Portland Street,				London,			W1W 5PF
Independent	Examiners	Perrys Accountants Limited,		Churchdown		Chambers, Bordyke, Tonbridge,				Kent, TN9 1NR
Bankers		Lloyds Bank pic, 25 Gresham		Street, London,			EC2V		7HN

			for th	e ear ended 31 December	2021
				Unrestricted	Restricted
			Notes	Funds	Funds	2021	2020
							E
Income and endowments		from
Donations				164,093	285,000	449,093	106,666
Fundraising activities				462,193		462,193
Total income				626,286	285,000	911,286	106,666
Expendiiture on
Raising funds				268,411		268,411	26,208
Charitable activities				386,005	5,600	391,605	332,413
Total expenditure				654,416	5,600	660,016	358,621
Net income/(expenditure)				(28,130)	279,400	251,270	(251,955)
Net movement in funds
before gains/losses	and
transfers				(28,130)	279,400	251,270	(251,955)
Total funds at 1 January		2021		(422,421)		(422,421)	(170,466)
Total funds at 31 December 2021			20	(450,551)	279,400	(171,151)	(422,421)

					2021	2020
				Notes	E	E
Fixed Assets
Intangible assets				13	5,172	6,032
Tangible assets				14	654	982
					5I826	71014
Current Assets
Stock				15	18,167	23,129
Debtors				16	334,455	33,485
Cash at bank and in hand				17	300,363	140,395
					652,985	197,009
Current Liabilities
Creditors:amounts	falling	due within	one year	18	(250,462)	(146,944)
Net Current Assets					402,523	50,065
Total assets less current		liabilities			408,349	57,079
Non Current Liabilities
Creditors:amounts	falling	due after	one year	19	(579,500)	(479,500)
Total net liabilities					(171,151)	(422,421)
Funds ofthe Charity
Unrestricted Funds					(450,551)	(422,421)
Restricted Funds					279,400
Total Funds				20	(171,151)	(422,421)

			Notes	2021	2020
				E	E
Net cash generated/(used	in) operating	activies	22	60,643	(188,055)
Cash flow from investing	activties:
Purchase of intangibles				(675)	(7,620)
Net cash provided by/(used in) investing		activties:		(675)	(7,620)
Cash flow from financing	activities:
Additional/(Repayments	of) borrowing			100,000	(20,500)
Net cash provided by/(used in) financing		activities		100,000	(20,500)
Change in cash and cash	equivalents in the year			159,968	(216,175)
Cash and cash equivalents	at the beginning	of the year		140,395	356,570
Cash and cash equivalents at the end of		the year	17,23	300,363	140,395

(h)	Pension	Pension	Pension	Pension
	The charity operated a defined contribution plan for its employees. A defined contribution plan is a				pension plan		under which	the charity
	pays fixed contributions into a separate entity.		Once the contributions have been paid the charity has no further				payment obligations.
	The contributions are recognised as	an expense	in the Statement of Financial Activities when they fall due. The			assets of the		plan are held
	separately from the charity in independently administered funds.
(i)	Foreign currencies
	Assets and liabilities in foreign currencies are translated into sterling at			the rates of exchange ruling	the Balance		Sheet date.	Transactions			in
	foreign currency are translated at the rate of exchange ruling at the date of the transaction. Exchange differences are taken							into account			in
	arriving at the operating result.
(j)	Stock
	A stock is held ofteam kit not yet donated. It is measured at the lower			of the cost and net realisable	value of the		separate items		ofstock.
	Stock is provided free as part of the	charitable	activity, so net realisable	value is based on the service potential		provided by the			items	of
	stock. Ifthe stock items continue to	meet the need for which it was purchased, then it is not written			down to a	nil realisable		value except
	where the item of stock is damaged	or obsolete. Damaged or obsolete stocks are written down as an			expense.
(k)	Financial instruments
	The charity only has financial assets	and financial liabilities of a kind that qualify as basic financial			instruments.		Basic financial		instruments
	are initially recognised at transaction	value and	subsequently measured	at their settlement vaiue.
	- Impairment of financial assets
	Financial assets, other than those held at fair		value through the statement of financial activities, are assessed			for indicators		of impairment
	at each reporting end date.
	Financial assets are impaired where	there is	objective evidence that,	as a result of one or more events that occurred				after the initial
	recognition of the financial asset, the estimated		future cash flows have	been affected. The impairment loss is recognised in the					statement		of
	financial activities.
	- Derecognition of financial assets
	Financial assets are derecognised only when the contractual rights to the cash flows from the asset				expire, or when it transfers				the financial
	asset and substantially all the risks and rewards		of ownership to another	entity.
	- Derecognition of financial liabihties
	Financial liabilities are derecognised	when, and	only when, the Charity Obligations are discharged, cancelled, or			they expire.
(I)	Cash at bank and in hand
	Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice					of not more than			24 hours.
(m)	Funds structure
	Funds received for a purpose specified by the		doner are credited to the restricted funds, Expenditure incurred				on these purposes			is then
	charged to the funds as it is incurred.
	Unrestricted income funds comprise	those funds which the trustees are		free to use for any purpose	in furtherance		of the charitable			objects.
	Unrestricted funds include designated	funds where the trustees, at their		discretion, have created a fund for a specific purpose.
(n)	Going concern
	The trustees consider that there are	no material	uncertainties about the	charity's ability to continue	as a going concern.

						Unrestricted	Restricted		Unrestricted	Restricted
5	Raising Funds					Funds	Funds	2021	Funds	Funds	2020
						E	E	E	E	E	E
	Cost of funds			raised		12,371		12 371	230			230
	Bid writing								19,932		19,932
	Advertising		6	marketing		4,688		4,688	6,046		6,046
	Fundraising		events			251,352		251,352
						268,411		268,411	26&208		26,208
6	Charitable		Activities				Activities
							undertaken	Grant funding	Support
							directly	of activities	Costs	Total	Total
							(see note 7)	(see note 8)	(see note 9)	2021	2020
							E	E	E
	Funding to		Football clubs
	Unrestricted			Funds			21,926	120,737	243,342	386,005	332,413
	Restricted		Funds				3,100	2,500		5,600
							25,026	123,237	243,342	391,605	332,413
						Unrestricted	Restricted		Unrestricted	Restricted
7	Activities	undertaken			directly	Funds	Funds	2021	Funds	Funds	2020
						E	E	E	E	E	E
	Charitable	activities				21,926	3,100	25,026	33I625		33,625

			Unrestricted	Restricted		Unrestricted	Restricted
8	Grants paid or payable		Funds	Funds	2021	Funds	Funds	2020
			E	E	E	E	f.	E
	AFC Flyde		(10)		(10)	4,990		4,990
	Birmingham City		12,500		12,500	2,500		2,500
	Bolton Wanderers		4&846		4,846	2,453		2,453
	Brentford Community					7,500		7,500
	Burton Albion		2,920		2,920	3,760		3,760
	Charlton Athletic		3,326		3,326	3,316		3,316
	Crystal Palace
	Coventry City		3,649		3,649	2,500		2,500
	Derby County CT		2,086		2,086	2,085		2,085
	Doncaster Rovers		1,800		1,800	1,800		1,800
	Harrogate		7,500		7,500
	Hartlepool UTD		2,230		2,230	5,612		5,612
	Hereford FC LTD					1,626		1,626
	Ipswich Town		15,000		15,000
	Leeds United		7,500		7,500
	I incoln City					7,500		7,500
	Middlesborough		5,000		5,000	2,500		2,500
	Millwag		5,000		5,000	2,500		2,500
	MK Dons		5,000		5,000	2,500		2,500
	Morecambe FC Community	Sports	7,500		7,500
	Newport County		327		327	3,347		3,347
	Notts County		(1,500)		(1,500)	5&000		5,000
	Oxford United		7,500		7,500
	Plymouth Argyle		10,292		10,292	2,572		2,572
	Port Vale					7,500		7,500
	QPR		5,000		5&000	10&000		10,000
	Salford City		2,500		2,500	5,000		5,000
	Sheffield Wednesday		5,000		5,000	2,500		2,500
	Stoke City		(3,000)	2&500	(500)	7,500		7,500
	Sunderland		3,771		3 771	2,500		2,500
	Walsall		5&000		5,000	2,500		2,500
	York City					2,730		2,730
			120,737	2,500	123,237	104,291		104,291

				Unrestricted	Unrestricted	Restricted		Restricted	Unrestricted
Support Costs				Funds		Funds	2021	Funds	Funds	2020
				E		E	E	E	E	E
Accountancy fees					7,357		7,357		10,654	10,654
Amortisation					1,535		1,535		1,588	1,588
Bank charges					359		359		156		156
Client entertainment					1,250		1,250		946		946
Bad debts				1	51000		15,000
Depreciation ofoffice equipment					328		328		328		328
General expenses					504		504		110		110
IT software and consumables					923		923		339		339
Legal fees					5,149		5,149		23,122	23,122
Postage, freight It courier					73		73		109		109
Printing Et stationery					88		88
Staff entertainment									319		319
Subscriptions					221		221
Website ft internet	costs				1,161		1,161		(3,553)	(3,553)
Travel - International									184		184
Hotel Et travel - National					9,417		9,417		4,100	4,	100
Wages and salaries				181,083			181,083		142,403	142,403
Employers national	insurance			17,841			17,841		13,238	13,238
Pension					1,053		1,053		454		454
				243,342			243,342		194,497	194,497
The below table represents			the governance	costs for the charity:
				Unrestricted		Restricted		Restricted	Unrestricted
				Funds		Funds	2021	Funds	Funds	2020
				E		E	E	E	E	E
Accountancy fees (inc
Independent examiners		fees)			7,357		7,357		10,654	10,654
Legal fees					5,149		5,149		23,122	23,	122
				12,506			12,506		33,776	33,776

12	Employees							Total	Total
								2021	2020
									E
	Wages and	salaries						181,083	142,403
	Employers	national	insurance					17,841	13,238
	Pension							1,053	454
								199,977	156,095
	During the	year, there were on average 3 employees				(2020: 2 employees).
	The following number of employees				earned emoluments		within the bands shown below:
	E110,001 -	E120,000		1	(2020; 1)

13	Intangible Fixed Assets
		Website costs
		E
	Cost
	At 1 January 2021	7,620
	Additions	675
	At 31 December 2021	8,295
	Amortisation
	At 1 January 2021	1,588
	Charge for the year	1,535
	At 31 December 2021	3 123
	Net book value
	At 31 December 2021	5,172
	At 31 December 2020	6,032
14	Tangible Fixed Assets	Office
		Equipment
		E
	Cost
	At 1 January 2021	1,638
	At 31 December 2021	1,638
	Depreciation
	At 1 January 2021	656
	Charge for the year	328
	At 31 December 2021	984
	Net book value
	At 31 December 2021	654
	At 31 December 2020	982

15	Stocks
				As at 31	As at 31
				December	December
				2021	2020
				E	E
	Team kit			18,167	23,129
16	Debtors			As at 31	As at 31
				December	December
				2021	2020
				E	E
	Trade Receivables			44,500	7,500
	Provision	for doubtful	debts	(15,000)
				29,500	7,500
	Grant Receivable			250,000
	Gift Aid	Receivable		9,146
	VAT recoverable			45,649
	Prepayments			160	25,985
				334,455	33,485
17	Cash at bank and in		hand
				As at 31	As at 31
				December	December
				2021	2020
				E	E
	Cash at bank and in hand			300,363	140,395
18	Creditors: Amounts		faliing due within one year	As at 31	As at 31
				December	December
				2021	2020
				E	E
	Trade Payables			31,834	2,499
	Accruals			8,577	4,235
	Football	Club Grants		156,488	86,705
	Loans			53,308	53,308
	Pensions	payable		255	197
				250,462	146,944
19	Creditors: Amounts		falling due after one year	As at 31	As at 31
				December	December
				2021	2020
				E	E
	Loans			579,500	479,500

20	General and restricted	General and restricted	funds			Fund	Income	Expenditure	Fund
						balances			balances
						brought			carried
	Restricted funds					forward			forward
						E			E
	HMP Coldingley						5,000		5,000
	HMP Drakehall, HMP Dovegate			and	HMP Stoke Heath		20,000	(3,300)	16,700
	HMP Rochester						10,000	(2,300)	7,700
	Sport England award						250,000		250,000
	Total restricted	funds					285,000	(5,600)	279,400
	Unrestricted Funds					(422,421)	626,286	(654,416)	(450,551)
	Totai unrestricted	funds				(422,421)	626,286	(654,416)	(450,551)
	Total funds					(422,421)	911,286	(660,016)	(171,151)
	Restricted funds

Analysis	of net lia	bilities	between funds
					Unrestricted	Restricted	2021		Unrestricted	Restricted	2020
					E	E	E		E	E	E
Tangible	assets				654			654	982		982
Intangible assets					5,172		5,172		6,032		6,032
Current	Assets				373,585	279I400	652,985		197,009		197,009
Current	Liabilities				(250,462)		(250,462)		(146,944)		(146,944)
Creditors	due after one year				(579,500)		(579,500)		(479,500)		(479,500)
					(450,551)	279,400	(171,151)		(422,421)		(422,421)
Reconciliation of		net income/(expenditure)			to net cash flow	from operating	activities
									Total		Total
									2021		2020
									E		E
Net income/(expenditure)			for the reporting		period (as
per the statement Adjustments for:		of financial activities)							251,270		(251,955)
Depreciation									328		328
Arnortisation									1,535		1,588
Decrease	in stock								4,962		6,871
Increase Decrease	in debtors in creditors								(300,970) 103,518		(33,485) 88,598
Net cash	provided	by/(used	in) operating	activities					60,643		(188,055)

			Balance as at		Balance as at
			1 January	Cash	31 December
			2021	movement	2021
			E	E	E
Cash	in bank and	at hand	140,395	159,968	300,363
Loans	due within	1 year	53,308		53,308
Loans	due after	1 year	479,500	100I000	579,500
			673,203	259,968	933,171