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CARDIFF CITY FC COMMUNITY FOUNDATION

Registered charity 1128443 · accounts filings on the Charity Commission register · also known as CARDIFF CITY FC FOUNDATION

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Latest income
£1.8m
Latest spending
£1.8m
Registered
2009
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £105,613 for the year ended 31 August 2024, resulting in total reserves of £985,395. Per the trustees' report, the charity used some of its reserves to address short-term reductions in funding amid rising costs and reduced income. The trustees consider the current level of unrestricted reserves to be above their stated policy target of three to six months of total expenditure.

What the accounts disclose

Reserves policy: three to six months total expenditure (held: £977k)
“The trustees consider that given the nature of the charity's work, the charity should hold free reserves equivalent to between three to six months total expenditure.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Purchases from Cardiff City Football Club (VK Choo is CEO, S Barley is Director)
“Cardiff City Football Club of which V K Choo is Chief Executive & S Barley is a Director purchases of £106,815 and sales of £211. At the year end there was an outstanding creditor balance of £70,771. There were total donations of £200,000 during the year, of which nothing was outstanding at the year end; - House of Sport of which V K Choo & S Barley are Directors - purchases of £91,842. At the year end there were no outstanding balances.” — page 29
“House of Sport of which V K Choo & S Barley are Directors - purchases of £91,842. At the year end there were no outstanding balances.” — page 29
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Purchases from House of Sport (VK Choo & S Barley are Directors)
“Cardiff City Football Club of which V K Choo is Chief Executive & S Barley is a Director purchases of £106,815 and sales of £211. At the year end there was an outstanding creditor balance of £70,771. There were total donations of £200,000 during the year, of which nothing was outstanding at the year end; - House of Sport of which V K Choo & S Barley are Directors - purchases of £91,842. At the year end there were no outstanding balances.” — page 29
“House of Sport of which V K Choo & S Barley are Directors - purchases of £91,842. At the year end there were no outstanding balances.” — page 29
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Bevan Buckland LLP. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — Cardiff City FC Foundation (matched by registered charity number).

Structured financials (annual return, FY ending 31/08/2025)

Total income
£1.8m
Total spending
£1.8m
Cost of raising funds
£10k
Reserves (reported)
£995k
Employees
53

Reported reserves equal ~6.8 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout Wales

Income and spending

Financial year endIncomeSpending
31/08/2025£1.8m£1.8m
31/08/2024£1.6m£1.8m
31/08/2023£1.7m£1.8m
31/08/2022£1.8m£1.7m
31/08/2021£1.5m£1.5m

Common questions

Is CARDIFF CITY FC COMMUNITY FOUNDATION financially healthy?

The accounts state that the charity reported a net deficit of £105,613 for the year ended 31 August 2024, resulting in total reserves of £985,395. Per the trustees' report, the charity used some of its reserves to address short-term reductions in funding amid rising costs and reduced income. The trustees consider the current level of unrestricted reserves to be above their stated policy target of three to six months of total expenditure. Its FY2024 accounts were audited by Bevan Buckland LLP.