REGISTERED NUMBER: 06930934 (England and Wales)

POMPEY FOUNDATION TRADING COMPANY

LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Neil Dunkley

Christopher Marston

REGISTERED OFFICE:

Pompey Study Centre

Anson Road

Portsmouth

Hampshire

PO4 8TB

REGISTERED NUMBER:

06930934 (England and Wales)

ACCOUNTANTS:

Morris Crocker

Chartered Accountants

Lake House

2 Port Way

Port Solent

Portsmouth

Hampshire

PO6 4TY

BANKERS:

Lloyds

38 London Road

North End

Portsmouth

Hampshire

PO2 0LR

FIXED ASSETS

Tangible assets

4

1,345

1,121

CURRENT ASSETS

Debtors

5

36,980

29,900

Cash at bank

171,415

58,469

208,395

88,369

CREDITORS

Amounts falling due within one year

6

209,161

89,134

NET CURRENT LIABILITIES

(766

)

(765

)

TOTAL ASSETS LESS CURRENT LIABILITIES

579

356

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

578

355

SHAREHOLDERS' FUNDS

579

356

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 May 2026 and were signed on its behalf by:

Christopher Marston - Director

1.	STATUTORY INFORMATION

Pompey Foundation Trading Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the fair value of consideration received or receivable for goods sold and services provided in the ordinary course of business, exclusive of VAT and net of discounts. Revenue is recognised when the company satisfies its performance obligations and when the amount of revenue can be measured reliably.

Revenue from tea hut sales is recognised at the point at which goods are sold to the customer.

Revenue from pitch hire is recognised over the period of hire. Deposits received in advance are recognised as deferred income until the hire takes place.

Revenue from study centre sessions ans stadium tours is recognised as the service is delivered.

Revenue from mascot appearances and related packages is recognised when the appearance or event takes place.

Tangible fixed assets

Cost includes the original purchase price and any costs directly attributable to bringing the asset into use, such as delivery, installation, and professional fees. Subsequent expenditure is capitalised only when it is probable that future economic benefits associated with the item will flow to the entity and the cost can be measured reliably. All other repairs and maintenance are expensed as incurred.

All assets are recorded at cost. Items below £500 are not capitalised.

Depreciation of fixed assets is calculated to write off their cost or valuation less any residual value over their estimated useful lives as follows:

Plant and machinery

20% straight line

At each reporting date, the entity assesses whether there is any indication that a tangible fixed asset may be impaired. If such an indication exists, the recoverable amount of the asset is estimated. The recoverable amount is the higher of fair value less costs to sell and value in use.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties and investments in non-puttable ordinary shares.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, deposits with banks and other short-term highly liquid investments and bank overdrafts. In the balance sheet, bank overdrafts are shown within borrowings or current liabilities.

Creditors and Provisions

Creditors and provisions are recognised when the company has a present obligation arising from a past event, where it is probable that a transfer of economic benefits will be required to settle the obligation, and the amount can be reliably estimated. Creditors and provisions are generally measured at their settlement amount, net of any trade discounts due.

Debtors

Trade and other debtors are recognised at the amount expected to be received, net of any trade discounts and allowances. Prepayments are valued at the amount prepaid, net of any trade discounts due.

Taxation

The company is a wholly owned subsidiary of a UK registered charity. It has entered into a deed of covenant to donate all of its distributable profits to the parent charity.

Corporation tax is provided on taxable profits at the applicable UK tax rates. However, due to the deed of covenant, the company donates all of its profits to the parent charity, thereby reducing its current tax liability to nil.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Where the company has no expectation of retaining profits and has no taxable temporary differences, no deferred tax is recognised.

Gift Aid and covenant donations are accounted for as distributions when the obligation to make the payment is established and the amount can be measured reliably. These are not treated as expenses in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

3,023

Additions

498

At 31 August 2025

3,521

DEPRECIATION

At 1 September 2024

1,902

Charge for year

274

At 31 August 2025

2,176

NET BOOK VALUE

At 31 August 2025

1,345

At 31 August 2024

1,121

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

28,677

22,404

Other debtors

8,303

7,496

36,980

29,900

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

8,534

4,788

Amounts owed to group undertakings

152,798

35,155

Taxation and social security

10,715

-

Other creditors

37,114

49,191

209,161

89,134

Amounts owed to group undertakings are unsecured, interest free, have no fixed date of repayment and are repayable on demand.

7.	ULTIMATE CONTROLLING PARTY

The immediate parent charity is Pompey In The Community

Registered company number: 06676203 (England and Wales)

Registered charity number: 1126118

Registered office:

Pompey Study Centre

Anson Road

Portsmouth

PO4 8TB

The entity will pay out all it's profits to the ultimate controlling party as prescribed within the entity's articles of association.