COMPANY REGISTRATION NUMBER: 06053326
CHARITY REGISTRATION NUMBER: 1121596
Exeter City Community Trust
Company Limited by Guarantee
Financial Statements
31 January 2024
ELLiorr BUNKER LTD
Chartered accountants & statutory auditor
61 Macrae Road
Ham Green
Bristol
BS20 ODD

Exeter City Community Trust
Company Limited by Guarantee
Flnanclal Statements
Year ended 31 January 2024
Page
Trustees, annual report (incorporating the directors, report)
Independent auditorfs report to the members
Statement of financial activities (including income and
expenditure account)
14
20
Statement of financial position
21
Statement of cash flows
22
Notes to the financial statements
23

Exeter City Community Trust
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Directors. Report)
Year ended 31 January 2024
The trustees, who are also the directors for the purposes of ￿MpanY law, present their report and the
financial statements of the charity for the year ended 31 January 2024.
Reference and admlnlstrdtive details
Registered charity name
Exeter City Communty Trust
Charity registration number
1121596
Company registration number 06053326
Principal office and registered St James Park
office
Stadium Way
Exeter
Devon
EX4 6PX
UK
The trustees
J Tagg
M L Davey
DGtfj
P J Goodes
R Morshead
R W Marsh
C Newbery-Jones
S Truran
H Davey
C Harrison
A Rothwell
(Appointed 19 September 2023)
{Appointed 19 March 2024)
(Appointed 19 March 2024)
Company secretary
W Barreti
Auditor
Elliott Bunker Ltd
Chartered accountants & stabjtory auditor
61 Macrae Road
Ham Green
Bristol
BS20 ODD
Chief executive officer
J Vfftles

Exeter City Community Trust
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Dlrectors. Report) {contlnuedJ
Year ended 31 January 2024
Structure. govemance and management
Govemlng document
Exeter City Community Trust is a charitable company limited by guarantee, incorporated on January
15, 2007 and registered as a charity on November 14. 2007. The company is exempt under section 60
of the Companies Act 20Cfj from the requirement to use the word 'limited'.
The company was established under a Memorandum of Association and is govemed under its Articles
of Association. In the event of the company b￿ng wound up members are required to contribute an
amount not exceeding £1.
The charity changed tts name from Exeter City Football in the Communty on January 26, 2017.
Appointment of trustees
The management of the charity is the responsibility of the trustees who are elected under the terms of
the Articles of Association. Under the le￿nS of a Service Level Agreement with Exeter City A.F.C.
Limited that company is entitled to nomlnate a minimum of two trustees to seNe on the board.
It is the responsibilty of the existing trustees to formally indlbci and train incoming trustees about the
policies of Exeter Crty Community Trust. The cu￿ent organisation stru(aure of the board of Exeter City
Community Trust is the chair with eigm other trustees. Decisions are taken at regular board meetings
attended by the trustees.
Risk management
The tiustees regularfy review and assess the procedures aThJ forniats for risk assessment to ensure
Ihal they continue to meet the needs of the charity to fulfi"I tls responsibilities.

Exeter City CommunAty Trust
Company Llmited by Guarantse
Trustees. Annual Report (Incorporating the Directors. Report) (contlnu8d)
Year ended 31 January 2024
Objectives and actlvities
1.1.1 to promote for the benefit of chikjren, young persons and adults within the Area of Benefit, the
provision of, or the assistan￿ in the provision of. faalities for educalion and recreation or olher leisure
time occupation of individuals who have need of such fa￿l[lieS by reason of their youth, age. infirmity
or disablernent. financial hardship or soaal and economic orcutnstances or for the public at large in
the interests of social welfare and with the object of improving Iheir condition of life-
1.1.2 to relieve poverty or financial hardship among people living or working wtthin the Area of Benefit,
by providing or assisting in the provtsion of education, training. housing management services and
other necessary seplices and support with the objeci of improNing their condition of lrfe which they
could otherwise not afft)rd through lack of means:
1.1.3 to promote social indusion for the public benefrt by preventing people within the Area of Benefft,
from becoming socially excluded. relieving the needs of those who are socialty exduded and assisting
them to integrate into society. For the purpose of this clause. 's(Kialiy exduded, means being excluded
from society. as a resutt of one or more of the following factors: unemployment., finanaal hardship:
youth or old age-, ill health (physical or mental)., poor educational skills or attainment,. relationship and
family breakdown, poor housing (that is housing that does not meet basic habitable 5tandards)', crime
{either as a victim of crime or as an offender rehabilitating into society). and
1.1.4 to promote. preserve and the proted Ihe physical arKI rnental heath and well-being of people
within the Area of Benefft. in particular (but without limitatFon) by providing and assisting in the
provision of facilities and activiiies, infomiation and support to improve health and fitness and help
people maintain a heathy lrfestyle.
The trustees confirm that they have had regard to the guidance contsined in the Chartty Commission's
general guidance on public benefit when rewewing the T￿srS aims and objeciives and in planning
future activities.

Exeter City Community Trust
Company Limited by Guarantse
Trustees, Annual Report (Incorporating the Directors. Report) (continued)
Year ended 31 January 2024
Achievements and perfornmnce
Introduction
Exeter Cty Community Trust continues lo deliver its missts)n. values. and charitable obje¢lives due to
the sound and considered stewardship of the tharity. and the diligence of our Chief Executwe.
management team. staff. and volunteers.
The charity continues to provide activities and opportuntties for all. As a health and well-being charity.
we seek to help people to lead positive. active. and healthy lives, whether that be through sports and
physical activity. altemative educational opportunities, or soaal engagement and support. We also aim
to use local knowledge and data to support the most vulnerable people in our community al the point
of need, whether that be food, provisions and l or shelter.
During the period of this report. the L*aJity has ￿ntInued with ils empirical and data-driven
approaches to development and engagement to ensure that we are achiewng our objectives whilst
helping those most in need in our community to start well. live well. age well.
This document - which Govers a timeframe between February 2023 and January 2024 will provide
greater detail on the aims. activities, and achievements of the charty during this period. whilsl also
outlining some of our key plans for the future.
Senior Staff Structure
In delivering our strategic and operational plans. each department of the charity is managed by a
'Head of. who oversee the operational management of their direct tearn. whilst working with the Chief
Executive to deliver on the tharity's mission and objectives.
At the outset of the reporting period. the senior leadership team was made up of the following roles:
Jamie Vittles - chief executive
Will Barrett- head of charity growth and development
Matt Julyan - head of finance and resources
Scott Walker - head of participation
Danny Harris- head of indusion and wellbeing
Kim ￿hIttle- housing operations manager
Amy Richards - safeguarding manager
In December, 2023. Scott Walker lefi the charity after 23 years of Servi￿ to take on a role with the
PFA, resulting in a change to the management structure thal saw all partieipation, indusion and
wellbeing work fall under the umbrella of the semces departmenL
Jamie Vittles - chief executive
Will Barrett- head of charty growth and development
Matt Jutyan- head Offinan￿ and resources
Danny Harris - head of services
Kim Whittle - head of supported housing
Amy Richards - safeguarding manager
Capability Code of Praclice
The Capability Code of Practice is the governing standards for dub Gommunity organisations, set by
the Premier League Charttable Fund and the English Football League Trust.

Exeter City Community Trust
Company Limlted by Guarantee
Trustees, Annual Report (Incorporating the Directors. Report) {¢ontinued)
Year ended 31 January 2024
Sino the initial audtt in 2022, Ihe charity development team have continued to work with colleagues
across the charity to improve standards acxoss all 15 areas of CCOP.
This process of continual improvement assesses the objectives. outwrts, and outcomes for all CCO'S
across the following 15 areas..
1. Structure
2. Affiliated Club
3. Governance and the Board
4. People
5. Strategy and Implementatton
6. Impact
7. Accountabilty and Communicalion
8. Finance
9. Safeguarding
10. Equality Diversity and Inclusion
11. Data Protection
12. Risk Management
13. Health and Safety
14. Incident Reporting
15. Environmental Sustainabilty
There are a total of 203 evtdence-based-actions to be completed for this audit, with outcomes scored
from Ck720 (Requires Improvement - Exemplary).
The initial outcome of this prO￿sS for the thartty resufted in a score of 585, which is rated 'very good,
and through woth conduded during this reF)orting period, the charity is ntxv rated as 'exemplary' with a
score of 656.
Eleven of the categories are raled as exemplary by the auditor (Structure. Affiliated Club,
Governan￿ and the Board. People. Strategy and Implemenlation. Impact, Finance, Data Protection,
Risk Management, Health and Safety. En￿￿ronMents1 Sustainability).
Additionally, whilst no areas were noted as requiring improvement. our dlarity development team
continues to assess and create actions to improve the standard of our work across the remaining
sections, which include., ArLountability and Communication; Safeguarding. Equality Diversity and
Indusion- Incident Reporting.
Our aim is to be rated as exemplary across all areas of CCOP. prior to the revision of the model in
2025.
New Programmes
ASPIRE
Aspire is a blended programme aimed at improving schi)ol attendance. reducing time spent in
behaviour rooms, igniting inspiration. discussing the beneffts of education and prowding an
understanding on the beneffts of exercise. nutrition and managing emotions. A six-week programme.
our cohorts are spending three days of the school week with us. participating in a blend of activities.
discussing ways to manage and support anxiety, support wellbeing. participate in social action and
learn life skills. The guiding principles for the programme focus on resilience. reflection, wellbeing,
respect and rapport and community engagement. The pro9ramme is delivered in partnership with the
Ted Wragg Trust.

Exeter City Community Trust
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directors. Report) {continuGo)
Year ended 31 January 2024
PeerAction Collectlve
This fivethyear (national) programme was established to tackte youth Violen￿ and crime in young
peop￿ aged 1￿18. ECCT currently hosts five Peer Reseaichers who are delivering between 5-10
hours per week whilst WOr￿ng at SJP as well as in the community. PAC is funded by Ihe Youth
Endowment Fund, the #iwill Fund (a joint investment befvieen The National Lottery Communty Fund
and the Department for Culture, Media and Sport) and the Co-op Group.
Premier League Fans Fund
This fund supports fan-focused projects. induding sthemes fow underrepresented groups to further
develop an inclusive and welcoming malchday experience for everyone. Through funding fiorn the
Premier League. we are working to grow and develop our parasports programme. whilst also working
with the dub to deliver a number of activations aimed at engaging the parasports community here at
Exeter City Football Club.
Exeter City Community Fund
This fund was established lo replace bucket collecttons on match days and receives revenue frorn the
new Eco Cups. will be supporting six charitsble organisations. These are Exeter City Community
Trust, Exeter Communty Inttiatives. Alright Mate? CIC, Exeter Leukaemia Fund, Devon Rape Crisis
and Sexual Abuse Services. and Refugee Support Devon. The larget is to raise £2.000 for each
recipient charity. As part of the steering group developing and delivering Ihis initiative, we were invited
to nominate two charities and selected Iwo of our existing charity partners, Altight Mate? CIC and
Exeter Leukaemia Fund. This also served to ensure a diverse range of causes across our communty
are supported by this fijnd.
Exeter City Women's Walking Football Club
November 2023 saw the launch of the Exeter Cty Women's INalking Football Club. who play in official
ECFC ktt promded by ECCT. Esiablished by Gillian Burgess. we have worked in partnership lo bring
this fast-developing strand of women's football into our broader women and girls, pathway. Currently.
the club has three teams and is looking to expand to ensure thal there is an affering from participation
through to competitive level.
Sports Parlicipation
This section of the seprfices department works to encourage L*ildren of all ages behveen three and
eighteen to participate in structured, professional sports coaching and physical activity sessions run in
safe and secure environments in the Greater Exeter and North Devon areas.
Sessions are designed and delivered to improve rnotivation. ￿l-OrdinatIon. health and confidence.
Projects indude children's holiday dubs - both football, multi-sport and individual sports, coaching in
schools wa eXtra-cUrri￿lar dubs for primary schools and satellite dubs for secondary schools and
community groups.
Also provided are curriculum-tlme PE sessions, weekly Grecian Tots clubs for three to six-year-olds,
Grecian Kickers for 7-14s, Grecian Girls and Wild Cats (weekty girls on]y football clubs for 5-14s),
inter- and intra- sthoovdub toumaments and multi-sport courses.
One of our key priorities is to support the national curriculum, and so w8 continue to deliver our
Premier League Primary Stsrs programme (PLPS). which aims to supportlup-skill teachers and to
offer the thildren more competition opportunities, literacy. numeracy. PSHE and enterprise skills.

Exeter City Community Trust
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directors. Report) (¢ontinuedJ
Year ended 31 January 2024
The full list of sports participation activities indud8S'.
Exwick Sports Hub and Cliff Hill Training Ground communtty bookings
Holiday Clubs (Crediton. Exeter. Exmouth. Ilfracombe. Sidmouth)
Grecian Kickers
Masters small sided football league
PL Primary Stars
Joy of Moving
Tiny Tots
waI￿ng Football
Man v Fal Football
Incluslon & Wellbeing
This section of the services department works with people of all ages to provide sporting and
educational activities that foster a sense of belonging and personal development through a diverse
array of programs and inttiatives.
Parasports
Our provision for children, young people and adults wrth disabilities continues to grow and develop
and we are supporting more players than ever. We have an inclusive offer for all members of our
communty who have disabilities led by Para Sport Lead, Dan Hewiit. We are currently delivering the
following weekly or bi-weekty SesS￿ns=
Adult Disability Football
Youth Disability Football
Down's Syndrome Youth Football
Blind Football
PL Kicks Disability Youth Football
Deaf Football - 11 a-side adutt team
Neuro Walking Adult football (Parkinson's and Dementia)
Disabilwty Afterschool dubs
Opportunity Club (fflental health)
In addition to the above sessions. we continue to deliver holiday clubs for children and young people
wtth disabilities. These clubs provide a safe environment and the opportunity for children lo thrive and
feel part of something special. They are usual]y one to two days long and support physical and mental
wellbeing as well as social interaclion.
Wellbeing Exeter
The Wellbeing Exeter partnership is funded through the Sport England local delivery pilot. The
initiative is funding a network of rA)mmunity support workers (including cornmunty conneclors and
builders) and the four Communty Physical Actimty Organisers (CPAOS) who are hosted at ECCT.
They each cover a designated area of the cty with a focus on increasing physical activity for residents.
We are waiting for Exeter Ctty Council and Sport England to confimi investment from March 24
onwards and initial discussions are posttwe. We are working with Co-Lab and ECI to work in
partnership to deliver from March 2024 and were involved in a recent wsit by Sport England and were
able to share the importance of Wellbeing Exeter and the CPAO ioles.
Extra Time Hub - Social Café and Sporting Memories
The Extra time hub supports people over the age of 50 who are at risk of loneliness andlor struggle

Exeter City Community Trust
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directors. Report) (continuedj
Year ended 31 January 2024
with their mental healih. They visit the social café to meel new people and try something new. We
regularly have 15-20 people attending each week. showing positive growth on the numbers shared in
our previous reporting period. whilst the sporting memories sessions have a core group of 50
participants, with 30 attending the sessions on a weekly basis. Both groups have enjoyed several trips
in the past year to places such as Dartmoor and the Royal Albert Memorial Museum and Art Gallery
as part of our C￿￿esign approach to session and acttvity planning.
Fit Fans
Fit Fans is a tier Iwo weight management programme, licenced by the EFL Trust and funded by Publi
Health Devon that seeks to support men reaching their weight and wellbeing goals. As the programme
drew to a close during this reporting period we were delighted to continue wf(h a record of more than
90°A of all participants achiewng a target of 5% reduction in their body weight and consistent posittve
improvements on the programme's adopted mental health and wellbeing scale.
Chances
Exeter Chances is an intervention for young people who are disengaged from education. We are now
in the final year of the project and are once again al capacity. We work with se(xJndary schools in
Exeter to educate teachers on the purpose of the programme who then refer students to us. We also
receive referrals from speaalisl poli￿ intervenlion Offi￿rS who work wtth young offenders who aren
engaging with school. These children and young people will have various challenges fiom truancy to
exdusions. We have been working with Substance to capture perfomiance and end of year largets
which have all been achieved. and remain hopeful that there may be a further extension to thts
impactful programrne for 2024 and beyond.
Holiday Actlvltles and Food (HAF)
Now in our third year of partnership with Devon County Councifs Early Years and ChildeAre Services
team to deliver the Holiday Activities and Food programme in the Easter, Surnmer, and Christmas
Holidays, the programme continues to support children and young people on benefrt-related free
school meals. and educational heatthcare plans, providing four hours of physical activity a day, plus a
hot nutritious meal. with activtties being held at Haven Banks Outdoor Education Centre. Willowbrook
Primary School. and in Ilfracombe across a total of 24 days throughout the year.
Opportunity Club
The Opportunity Club is a weekty football session for the homeless community. those with mental
health issues, and people recovering from alcohol andlor drug addiction. We are regularly getting 15
people attending each week. whth indudes residents from our supported housing servi￿. We also
attended a tournament hosted by the Devon FA in November. which allowed players to compete
against teams from across Devon.
Premier League Kicks
PL Ktcks started in 2006 and has a long history of using the pcmier of football and the value of sports
participation to help youngsters in some of the most high-need areas. The vision for the programme is
to inspire children and young people to achieve their potential and improve their wellbeing.. working
together to build stronger, safer and more inclusive communittes. We now run free weekly sessions at
West Exe School, Cranbrook Educational Campus. St James S¢hool and Wonford Sports Centre and
engage with 15Ck200 different young people weekly. We also hosted a 'Street Soccer Event, at St
James Park which was a fantastic success with around 1 CKJ young people taking part. In the coming
months we will be offering more opportunities on top of the football sessions to include soaal action
and youth vol￿. We will also be taknng a team to both the 'Kicks Cup. and the 'Disabilty Festival, both
of whith will be arranged by the PLCF.

Exeter City Community Trust
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directors. Report) (conllnu8dJ
Year ended 31 January 2024
Achievements and perf0m￿nCe (conllnvedj
Education
Football Coaching Development Degree (Exeter College J Marion)
The football coaching and development foundation degree is a two-year full-time course which
focuses on the theoretical concepts of coaching and development in football. There are currently 14
students on the course, across the two years. Foundation degree students this year have been given
the opportunity to play in the CEFA league. if they are under 19. Two of the cohort are now supporting
the delivery of Ihe CEFA training sessions for the 16-19 year old learnèrs. which is an ideal way for
them to gain additional coathing experience.
Futsal Academy and CEFA (Community Education Football Alliance
During this peTiod. the charity continues to partner with Exeter College to deliver a hybrid version Df
Futsal and 11-a-side football, to ensure students take part in a decent number of games over the year.
Exeter College has remarked how successfiJl the course was last academic year with student
attainment and engagement. We have now entered one of the CEFA teams in the top tier dtvision,
which has made the games programme considerably harder. but something that both ourselves and
the College were keen to do. We have 52 sludents engaged in the programme.
Teignmouth Development Progrdmme
This programme. which provides students with an education ihal can lead on to universty whilst also
providing them with Ihe chance to train and compete in a professional football environment. is
continuing at Teignmoulh Community School and will see one leam playing in the EFL CEFA 11 a
side league. which is the same games programme as the Exeter College programme above.
The University of South Wales:
Sports Business and Management Degree
Delivered in collaboration between the EFL Trust, Club Communty Organisations, and the USW, this
degree provides leamers the opportunty to study in the workplace of a professional organisation
through fonnalised affiliation with a professional sports club. Lectures are produced by USW stsff, with
students studying these materials remotely, both at home and in the dub's leaming environment with
the support of an appointed rnentor. Within the dubECCT. Suc￿sful applicants will undertake
placements of 4-8 hours per week in year 1 and 7-14 hours per week in years 2 and 3. These
eXperIen￿S will mainty be working vrithin the remit of the dublCCO and will provide practical
experience of working within the sports business and management industry. Participanls may also get
a wider experience through opportunities via the dublEccfs sponsors and partners. Students will
also attend USW up to three tirnes per year for residential study visits. This programme began in full in
September 2023. with two students making up the initial (x)hort. Our plan is to learn from this first full
year and treble the number of students attending from September 2024.
Women and Girl's Football
The Charty continues to provide a sU￿sSful pathway for female players into local college football
academies. universtty teams and wixnen's dubs.
We remain part of the EFL TNSUFA Female talent indusion programme, which is designed to support
young girls from disadvantaged communities in reaching their potential. This funding can be utilised lo
support disadvantsged females and help them get on the regional and national FA talent pathway.
Our Emerging Talent and Girls. Development Centres fomi a core part of this work, and sees staff
operating across all age-groups from the delivery of Tots sessions to management of Ihe women's,
first team.
In support of our mission to broaden particapation and the pursuil of excellen￿, we have also entered
an U16s age group into the Junior Premier League for the first tirne this season in a bid to drive

Exeter Clty Community Trust
Company Limited by Guarantee
Trustses. Annual Report (Incorporating the Directors. Report) (contlnued)
Year ended 31 January 2024
Achievements and perfommnce {¢ontsnued)
development and to close the gap belween youth and ￿sevIe team football.
On the pitch the first team is performing well. Al the time of writing, we are top of the FA Wornen's
National League. Division One South West. vthilst the development squad is p8rfonning well in the
Devon Women's League.
The ambition for the season is for the first team to win the dÉvision and the promotion that they
narrowly lost out on last season on goal difference.
Off the pitch, the club has On￿ again received increase support from Exeter City Football Club, with
both increased financial investment and additional games scheduled to be played at Sl James Park.
Public Events
Running
The running programmes is designed to facilTiate physical development and activity, whilst providing
opportunities for participants to raise funds for ECCT and our partner charities (Exeter Leukaemia
Fund. Alright Mate? Julian House. and Children's Hospice Souih West).
Our Djnning season. which wns from October to June each year is now comprised of six core events..
The Halloween Ftve and 10 Mile (October)
The Exeter Santa Run (December)
The Exeter Halt Marathon (February)
The Granite Way 10 and 20-milers (Marth)
The Exeter Live Better Marathon (May)
The 10k River Exe Run (June)
As with last year. we are seeing an increase in participation levels. and may now look to add additional
events to the calendar to widen opportunities for participation and charitable fijndraising.
Junior Grecians & Match Day Activltles
The Junior Grecians and Match Day Activities continued to show F)OSitive growth during this period.
with increased membership numbers and waiting lists for match days growing. As of De￿Mber,
Exeler Cty Football Club will be taking both these programmes in-house. We will ￿ntinue to work
with the dub through to the end of Ihe 2023r24 season to oversee the administration of these
programmes. prior to a full handover in May 2024.
Supported Housing
Our specialist housing setvice continues to help and support vulnerable people who are at risk of
being homeless or have experienced homelessness by providing Ihem with the opportunity to live in
their own home and prepare for independent Ir¥ing.
The homes in the scheme are the responsibilty of a registered housing association, who prowde the
supported living accommodation for vulnerable people and families. They have been refurbished to a
high standard and all either meet or exceed building regulatson standards.
Much of the provision retains its focus on assisting the residenls in developing the skills lo maintain a
tenancy through a personalised plan, which helps them to sustain a tenancy and enables them to
onlribute to the communtty and to socÉety in a positive way. Residents are also provided wtth help
and guidance in areas such as budget management, job hunting and healthy living advice.
10

Exeter City Community Trust
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directors. Report) (continuedj
Year ended 31 January 2024
Achlevements and perfomiance (conlInu￿3
The programme currently supports 105 senrf1￿ users. Refeffals for this programme ￿ntinUe to be
managed by the supporting housing team. with the referral pathway being supported by Exeter City
Council and other organisations in the region set up to support those who are homeless or at risk of
homelessness.
Flnanclal review
The net incoming resources for the perKxJ were £321,668 {2023: £412.973) resulting in ac￿Mulated
funds carried forward of £1,604.917, of which £1,055,719 (2023: £966.142) are unrestricted funds.
Free reserves at the year end, after alknying for unrestrided funds represented by fixed assets and
the designated Facility Fund balance of £510.887. have been calculated at £526,171. At current
actiwty levels this represents approximately 6.9 months of staffing and operating costs. The trustees
will continue their efftirts lo maintain unrestricted funds in accordan￿ with the charity's reserves policy
(see below) in order that the Ttust's increasing range of actNilies, both in temis of scope and
geographical coverage. are supported by a strong financial base.
Reserves policy
The Charity shall establish and maintain a reserve target that reflects its ffinancial needs, risk
toleran￿, and long-tem goals. The reserve target shall be reviewed regularly and adjusted as
necessary to align with the Chartty's changing ￿r￿jMslan￿s. To this end, the trustees aim to have six
months, worth of staffing and nO￿nal operating costs in resetve when practicable.
11

Exeter City Community Trust
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directors. Report) {eontinuedJ
Year ended 31 January 2024
Plans for future perlods
The charity will continue to deliver indusive health. sports and physical activty related projects which
provide educational inclusion opporturiities for children, young people and adults at the point of need.
This approach will conlinue to be strengthened by our commitment to monitoring. evaluation and
impact, which will enable us to fvrther understand the needs of our communty with greater precision.
This work will feed into the development of our 'Strategy 2025-203¢Y. which will outline the strategic
vision, operational plan. and theory of change model for the organisation over the stated period.
One of the key drivers for the strategy is the KGV project, which seeks to develop a health and
wellbeing hub in a key strategic area of Exeter. This hub will be supported by the development of an
AGP playing surface and supporting play zones and grass pilth sporting infrastructure.
As of the time of this report. the tharty is working with key stakeholder and the local authority to drive
Ihe project foward. The next steps will indude exploring a lease agreement for the site and a
subsequent communty consultation to ensure that the hub and Su￿ound1ng infrastructure are
developed to meet the health and wellbeing needs of the community alongside maintaining the core
principles applied to King George V playing fpkls auoss the country.
Alongside plans to develop facilities, Altemative EducatKJn will continue to be one of the core
emerging pillars of the tharitses work in the communty. When assessing need and demand for
services that align with our chaiitable objectives alongside our continuing partnerships with local
education providers - it is clear that ECCT will wish to play an important role in addressing the societal
challenge of ensuring that all children and young people have the best education possible.
Within the theme of atternative education. Advantage Mentoring is a mentoring programme for young
people who are faang challenges with their mental health will provide a safe space to engage in low
intensity activities on a one-tcFone basis to build a positive relationship wlh an adult that isn't a
professional, parentlguardian or teacher. The delrvery of this programme has been delayed whilst
Advantage work the NHS to secure fvnding. With fvnding secured. we aim to begin delivering this
programme in February 2024.
A Tnjsted Adutt Programme is set to begin in February 2025. We will be one of 12 dubs across the
country delivering this mentoring programme which aims to tackle youth violence and crime. This
works by having two groups of 15 young people wtth a background of youth violence and crime. One
group recerve the Teammates intervention and the other group attend other piogrammes within the
charty. We then measure the outcomes over a six-month period to show the impad the intervention
has had ¢ornpared to no no Mitervention.
Moving forwards, the charity will maintain ils mission to help people to start well. live well, and age
well. whilst also championing the philosophy of football for all in the community.
Trusteos, responsibilities statsment
The trustees, who are also directors for the purposes of company law, are responsible for preparing
the truslees, report and the ffinancial statements in accordance with applicable law and United
lQngdom Accounting Standards {United Kingdom Generalty Accepted Accounting Practi￿).
12

Exeter City Communlty Trust
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directors. Report) (contlnu
Year ended 31 January 2024
Company law ￿qUireS the charity trustees to prepare financial staternenls for each year which give a
true and fair view of the slate of affairs of the charitable company and the incoming reSoUr￿S and
application of resources. induding the in￿rne and expenditure. for that period.
In preparing these financial statements, the trustees are required to:
select suitable accounting policies and then apply them consistenty,.
observe the methods and principles in the applicable Charities SORP.,
make judgments and ac￿unI1ng estimates that are reasonable and prudent.
prepare the financial ststements on the going con￿rn basis unless it is inappropriate to presume
that the charity wll continue in business.
The trustees are responsible for keeping adequate accounting tecotds that are sufficient to show and
explain the charitys transactions and disdose with reasonable accuracy at any time the financial
posilion of the charty and enable them to ensure that the finanaal statements comply with the
Companies Act 2006. They are also responsible for safeguarding Ihe assets of the charily and hence
for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Audltor
Each of the persons who is a truslee at the date of approval of this teport confirms that:
so far as they are aware, there is no relevant audit infonnation of which the charitys auditor is
unaware" and
they have taken all steps that they ought to have taken as a trustee to make themselves aware of
any relevant audit information and to establish that the charity's auditor is aware of that
information.
Small company provisions
Tris report has been prepared in accordan￿ with the provisions applicable to companies entitled to
the small companies exemption.
The trustees. annual report (incorporating the directors, report) was approved on 27 August 2024 and
signed on behaw of the board of trustees by:
J Tagg
Trustee
fr7K
13

Exeter City Community Trust
Company Limited by Guarantee
Independent Auditorfs Report to the Members of Exeter City Community Trust
Year ended 31 January 2024
Opinion
We have audited the financial statements of Exeter Cty Communty Trust {the 'charity? for the year
ended 31 January 2024 which comprise the statement of financial activities (Including income and
expendiiure account). statement of finan￿al posttion, statement of cash flows and the ￿lated notes.
induding a summary of signrficant accounting policies. The financial reporting frarnework that has
been applied in their preparation is applicable law and United Kingdom Accounting Standards.
including FRS 102 The Financtal Reporting Standard applicable in the UK and Republic of Ireland
(United Kingdorn Generalty Acwted Accounting Practice).
In our opinion the financial statements-
give a true and fair vrew of the state of the charty's affairs as at 31 January 2024 and of its
incoming resources and application of resources, including its in(x)me and expenditure, for the
year then ended"
have been properly prepared in accordan￿ with United lfjngdom Generally Accepted
Accounting practi￿,.
have been prepared in accordan￿ with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with Intemational Slandards on Auditing (UK) {ISAs (UK)) and
applicable law. Our ￿SPonSibl11tieS under those standards are further described in fthe auditols
responsibilities for the audtt of the financial statements section of our report. We are independent of
the charity in accordance wtth the ethical requirements that are relevant to our audti of the financial
statements in the UK. induding the FRC'S Ethical Standard. and we have fvlfilled our other ethical
responsibilities in accordance wtth these requirements. We believe thal the audit evidence we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial sLqtements, we have conduded that the tTUStees' use of the going c[)n￿rn
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed. we have not identified any material uncertainties relating to
events or condthons that, individually or collectively. may casl significant doubt on the chaiitys ability
to continue as a going concern for a period of at least twelve months from when the ffinancial
statements are auihorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going COn￿M are described
in the relevant sections of this report.
14

Exeter City Community Trust
Company Limltsd by Guarantee
Independent Auditorfs Report to the Members of Exeter Clty Community Trust
(¢ontinueO)
Year ended 31 January 2024
Other infomiatlon
The other information comprises the infom)ation included in the annual report. other than the financial
statements and our auditorfs report thereon. The trustees are responsible for the other information.
Our opinion on the financial statements does not cover the other infortnation and, ex￿p1 to the extent
othetwise explicitly stated in our report. we do nol express any form of assuran￿ conclusion thereon.
In connection with our audit of the financial statements. our responsibility is to read Ihe other
information and. in doing so, consider whether the other irrfomiation is materially inconsistent with the
finan￿81 statements or our knowledge obtained in the audst or otherwise appears to be materially
misstated. If we identify such material inconsistencies or apparent material misststements. we are
required to determine whether there is a material misstatement in the finanaal statements or a
material misstatement of the other infonnation. If, based on the V￿rk we have performed, we conclud8
that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in Ihis iegard.
Opinions on other matters prescribed by the Companles Act 2006
In our opinion. based on the work undertaken in the course of the audii".
the information given in the trustees. report for the financial year for which the financial
statements are prepared is conststent with the financial statements: and
the trustees. report has been prepared in accordance ivith applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and it5 envtronment obtained in the
course of the audit, we have not identtfied material misslatements in the trustees, report.
We have nothing to report in respect of the following matters in relation to which the Companies Act
2006 requires us to report to you rf. in our opinion..
adequate accounting records have not been kept. or returns adequate for our audtl have not
been received from branches not Vistled by us" or
the financial statements are not in agreement wilh the accounting records and retums. or
ertain disdosures of trustees. remuneration specified by law are not made., or
we have not re￿iVed all the information and explanattons we require for our audit: or
the trustees were not entilled to prepare the finanaal statemenls in accordance with the small
companies regime and take advantage of the small companies, exemptions in preparing the
directors, report and from the requirement to prepare a strategic report.
15

Exeter City Community Trust
Company Limited by Guarantee
Independent Auditor's Report to the Members of Exeter City Communlty Trust
(contlnu
Year ended 31 January 2024
Responsibilities of trustses
As explained more fulty in the trustees. responsibilities statement. the trustees (who are also the
directors for the purposes of company law) are responsible for the preparation of the financial
statements and for being satisfied that they grve a true and fair view, and for such internal control as
the trustees detemine is necessary to enable the preparation of financial statements that are free
from material misstaternent, whether due to fraud or error.
In preparing the financtal statements. the trustees are responsible for assessing the charity's ability to
continue as a going concem, disclosing. as applicable, matters related to going concem and using the
going concern basis of accounting unless the trustees etther intend to liquidate the charty or to cease
operations, or have no realistic aftemative but to do so.
16

Exeter City Community Trust
Company Limited by Guarantee
Independent Auditorfs Report to the Members of Exeter Clty CommunSty Trust
(condnuedj
Year ended 31 January 2024
Auditorfs responsibllities for the audlt of the fJnaTrcial statements
Our objectives are to obtain reasonable assurance ab¢)ut whether the financial ststements as a whole
are free from malerial misstatement, whether due to fraud or error, and to issue an auditor's report that
includes our opinion. Reasonable assuran￿ is a high level of assurance, but is not a guarantee that
an audit conducted in accordan￿ with ISAS (UK) will a￿ayS detect a material misstatement when it
exists. Misstatements can arise from fraud or error and are considered material if. individually or in the
aggregate. they could reasonabty be expected to Influe[￿ the e￿noMiC decisions of users taken on
the basis of these financial stalements.
5rregularities. including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibiltlies, ouuined above, to detect material misstalemenls in respeGt
of irregularities, induding fraud. The extent to which i)ur procedures are capable of detecting
irreguLgrities, inciuding fraud is detailed below:
Key audit matters: our assessment of risks of material misstatement
Key audtt matters are those matters that in wr professional j￿￿gernent were of most sign[fiCan￿ in
the audit of the financial statements and include the most signrficant assessed risks of material
misstatement (whether or not due to fraud) identified by us, induding those which had the greatest
effect on the allocation of resources in the audtt, and directing the efforts of the engagement team.
There are no key areas identtfied as the audit is very low risk with nomal audit procedures adequate
in all audit areas. We agreed to report to the board of trustees any coThected or Unc0￿ected identified
misstalements.
Identifying and reporting of rlsks of materfal misststement due to fraud
To identify risks of material misstatement due to fraud we assessed events or conditions that could
indicate an incentive or pressure to commit fraud or provide an opportunty to commit fraud. Our risk
assessment procedures included:
Enquiring of the Chief Executive Officer and the trustees and inspection of key papers provided to
thase charged wtth governance as to high level policies and procedures to prevent and detect fraud.
Reviewing the minutes of Trustees. meetings.
We communicated identified fraud risks throughout the audit team and remained alert to any
indications of fraud throughout the audit.
As required by auditing stsndards, and tsking into account possible pressures to meet targets and our
overall knowledge of the control environment, we performed procedures to assess the risks of
management override of controls. To address the petvasrve risk as it related to management override
of controls, we reviewed material ioumal entries and agreed these to supporting documentation where
appropriate.
Identifying and responding to risks of material misststement due to non-compliance with laws
and regulations
We identified areas of laws and regulations that could reasonably be expected to have a material
effect on the financial ststements from our general commercial and sector experien￿ and through
discussion with the general manager and trustees. As the chafty is regulated. our assessmenl of risks
involved gaining an understanding of the control environment induding the entitws procedures for
cDmplying with regulatory requirements.
17

Exeter City Community Trust
Company Limited by Guarantee
Independent Auditorfs Report to the Members of Exeter City Community Trust
(contlnuedj
Year ended 31 January 2024
We communicated identified laws and Tegulations throughoLrt our team and remained alert to any
indicalions of non-compliance throughout the audit. The potential effect of these laws and regulations
on the financial statements varies considerably-
first￿, the charity is subject to laws and regulations that directty affect the financial staternents
including financial reporting regulalion (Including related companies regulation). taxalion legislation
(payroll taxes) and pension legislation and we assessed the exlent of compliance with these laws and
regulations as part of our procedures in the audtt areas relevant to these items.
secondly. the charity is subject to many other laws and regulations where the Consequen￿ of
non-compliance could have a material effect on amounts or disclosures in the financial statements, for
instance through the impostlion of fines or litigation. We identified the following areas as those most
likely lo have such an effect:
Health and safety laws.
Food and hygiene regulations.
Laws relating to working with, and the safeguarding of. young people and vulnerable adutts.
Auditing standards limit the required audit procedures to identify non-complian￿ with these laws and
regulations to enquiry of management and trustees and inspedion of regulatory and legal
orrespondence. rf any. Therefore, rf any breach of operational regulations is not disclosed .to us or
ewdent from relevant CO￿espondenCe, an audit wll not detect that breath.
Llmitallons to the abillty of the audit to dotect frdud or breaches of laws and regulation
Owing to the inherent limitatron of an audit, Ihere is an unavoidable risk that we rnay not have detected
some material misstatements in the finanaal statements, even though we have properly planned and
performed our audit in accordance with auditing standards. For example, the further removed
non-compliance with laws and regulations is from the events and transactions reflected in the financial
statements. the less likety the inherentty limited prO￿dureS required by auditing standards would
identify it.
In addition, as with any audit, there remained a higher risk of non-detection of fraud. as this may
involve collusion, forgery. intentional omissions, misrepresentations. or the override of intemal
controls. Our audit prO￿dureS are designed to detect material misstatement, and therefore we are not
responsible for preventing non-compliance or fraud and cannot be expected to detect non-compliance
with all laws and regulations. A further description of our responsibiliiies for the audit of the financial
statements is located on the FRC'S website at bvww.frc.ory.Uk/auditor&￿sp0￿SIblI11Ies. This description
forms part of our auditorfs report.
As part of an audii in accordance with ISAS (UK), we 8xer¢ise professional judgment and maintain
professional scepticism throughout the audit. We also-
Identify and assess the risks of material misstatement of the financial statements. whether due to
fraud or error. design and perform audti procedures responsive to those risks, and obtain audtt
evidence that is SLrffiGient and appropriate to provide a basis for our opinion. The risk of not
detecting a material misstatement resulting from fra￿ is higher than for one resulting from error.
as fraud may involve collusion. forgery, intentional omissions. misrepresentations. or the override
of internal control.
18

Exeter City Community Trust
Company Limited by Guarantee
Independent Auditorfs Report to the Members of Exeter City Community Trust
Icontlnu8d)
Year ended 31 January 2024
Obtsin an understanding of intemal Control relevant to Ihe audit in order to design audit
prO￿dureS that are appropriate in the cirCumstan￿s. but not for the purpose of expressing an
opinion on the 8ffectpieness of the internal control.
Evaluate the appropriateness of acc(yJnting poliejes used and the reasonableness of a￿oUntIng
estimates and related disclosures made by the twstees.
Condude on the appropriateness of the trustees, use of the going con￿rn basis of accounting
and, based on the audtt evidence obtained. whether a material uncertainty exists related to
events or conditions that may cast significant doubt on the charity's ability to continue as a going
concern. If we conclude that a material uncertainty exists, we are required to draw attention in
our auditors report to the related disdosures in the finanrial statements or. if Such disclosures
are inadequate, to modify our opinion. Our condusions are based on the audit eviden￿ obtained
up to the date of our auditorfs report. However. future events or conditions may cause the charity
to ￿ase to continue as a going concern.
Evaluate the overall presentstion. stnjcture and content of the financial statements, including the
disclosures, and whether the financial statements represent the underlying transaction5 and
events in a manner that aGhieves fair presentation.
We communicate with those charged with governar￿e regarding, among other matters. the planned
scope and timing of the audit and significant audtt findings. induding any significant defictenaes in
inlemal control that we identify during our audit.
Use of our report
This report is made solely to the charivs members. as a body. in accordan￿ with Chapler 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we might state lo the
charty's members those matters we are required to state to them in an auditorfs report and for no
other purpose. To the fvllest extent permitted by law, we do not accept or assume responsibility to
anyone other than the charity and the charws members as a body. for our audit work. for this report,
or for the opinions we have fomied.
Paul Cridland (Senior Statutory Auditor)
For and on behalfof
Elliott Bunker Ltd
Chartered accountants & statutory auditor
61 Macrae Road
Ham Green
Bristol
BS20 ODD
3 September 2024
19

Exeter City Community Trust
Company Limited by Guarantee
Ststement of Financial Activities
(including income and expenditure account)
Year ended 31 January 2024
2024
Restricted
fvnds Totsl funds Total funds
2023
Unrestricted
funds
Income and endowments
Donations and legaaes
Charitable activities
Other trading activities
Investment income
341.840
667,698
{1￿)
17.566
589,308
651,509
931,148
1.319,207
566
17.566
1,172,494
939,014
18,395
2,949
2,132,852
Total income
1,027.004
1.241,483
2,268.487
Expendlture
Expenditure on tharitable activities
Total expenditure
909.080
1.037.739
1.946.819
1.719,879
909,080
1.037.739
1.946.819
1,719,879
Not Income
117,924
203,744
321.668
412,973
Transfers between funds
(28.347)
28,347
Net movement in funds
89.577
232,091
321,668
412,973
Reconciliation of funds
Total funds brought forward
Total funds Ca￿led forward
966,142
317.107
1.283,249
870.276
1.055,719
549,198
1.604,917
1,283,249
The statement of finanaal activtties indudes all gains and losses recognised in Ihe year.
ASI income and expendtlure derive from continuing activities.
Thè notss on pages 23 to 37 forni part of these financial statsmgnts.
20

Exeter City Community Trust
Company Limited by Guarantee
Statement of Financial Posltion
31 January 2024
2024
2023
Flxed assets
Tangible fixed assets
16
19,563
17,957
Current assets
Debtors
Cash at bank and in hand
17
255,168
1.870,342
463,041
1,232,217
1,695,258
2.125,510
Creditors: amounts falling due within one year
Net current assets
18
540,156
429.966
1,585,354
1,265,292
Totsl assets less current liabllities
1,604.917
1.283.249
Net assets
1,604.917
1.283.249
Fund8 of the charity
Restricted funds
Unrestricted funds
549.198
1,055.719
317,107
.142
Totsl charity funds
21
1.604.917
1,283.249
These finanGial statements have been prepared Tn a(￿Ordan￿ with the provisions applicable to
companies subject to the small companies, regime.
These financial statements were approved by the board of twustees and authorised for issue on 27
August 2024. and are signed on behaFf of the board by..
J Tagg
Trustee
PJGOO
Trustee
The notes on pages 23 to 37 to￿ part of these financial Ststgments.
21

Exeter City Community Trust
Company Limited by Guarantse
ststement of Cash Flows
Year ended 31 January 2024
2024
2023
Cash flows from operdtlng activitses
Net income
321.668
412,973
Adjustm&nts for
Depreciation of tangible ffixed assets
Other interest receivable and SIm￿ar income
Accrued expenses
10,029
(17,566)
42.821
12,362
(2,949)
5,177
Changes in..
Trade and other debtors
Trade and other creditors
207.873
67,369
(264,798}
(100,0671
62,698
Cash generated from operations
632.194
Interest re￿iVed
17.566
2,949
Nèt cash from operating actrvibes
649.760
65,647
Cash flo￿Ts from investing activities
Purchase of tangible assets
Net cash used in investing activities
{11,635)
(11.635)
(7,943)
(7,943)
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
638,125
1,232.217
57.704-
1.174,513
1.870,342
1.232,217
The notes on pag8$ 23 to 37 fonn part of these financial statements.
22

Exeter City Community Trust
Company Limitsd by Guarantee
Notes to the Financial Statements
Year ended 31 January 2024
General infomiation
The charity is a publrc benefft entity and a private company limited by guarantee. registered in
England and Wales and a registered chartty in England and Wales. The address of th8
registered office is St James Park. Stsdium Way. Exeter. Devon. LX4 6PX. UK
Statsment of compllance
These financial statements have been prepared in compITan￿ with FRS 102. The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,. the Slatement of
Recornmended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charit￿5
SORP (FRS 102)) and the Companies Act 2006.
Accounting policies
Basis of preparnllon
The financial statements have been prepared on the historical cost basis, as modffied by the
revaluation of ￿rtain financial assets and liabilities and investment properties measured at fair
value through income or expendrture.
The ffinan￿al statements are prepared in sterling. which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charitys ability to ￿ntinUe.
Judgements and key sources of estlmation uncertainty
The preparation of the finanaal statements requires management to make judgemenls,
estimates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors, induding expectations
of future events that are believed to be reasonable under the arcumstances. We confinn that
there are no significant estimates and judgements.
Fund accounting
Unrestricted fijnds are available for use at the disuetion of the trustees to further any of the
charity's purposes.
Restricted funds are subjected to restrictions on their expendTiure declared by the donor or
through the terms of an appeal, and fall into one of two sub-dasses.. restricted income funds or
endowment funds.
23

Exeter City Community Trust
Company Llmited by Guarantee
Notes to the Financial Statements (continu8dJ
Year ended 31 January 2024
Accounting pollcles {¢Onlinue
Incoming ￿$OUr¢e5
All income is induded in the statement of financial activrties when entitlement has passed to the
charty, it is probable that the economic benefits associated with the transaction will flow to the
Charity and the amount can be reliably measured. The following specific policies are applied to
particular categories of in¢ome:
- income from donations or grants is recognised when there is eviden￿ of entitlement to the gift,
receipt is probable and its arnount can be measured reliably.
income from contracts for the supply of services is recognised with the delivery of the
contracted servi￿. This is classtfied as unrestricted funds unless there is a contractual
requirement for it to be spent on a parti(JJlar purpose and retumed rf unspent. in which case ti
may be regarded as restrtcted.
Resources •xpended
Expendtlure is recognised on an afxtuals basis as a liability is incu￿ed. Expendrture includes any
VAT which cannot be fully recovered, and is ctassified under headings of the statement of
financial activtties to which it relates..
expenditure on charitable activtties includes all costs inCu￿ed by a charity in undertaking
actiVTties that further its charitable aims for the benefrt of tts beneficiaries. induding those support
costs and costs relating to the governan￿ of the charity apportioned to charftable activities.
All costs are allocated to expenditure t2tegories reflecting the use of the resource. Direct costs
attributable to a single acttvty are allocated directly to U)al activity. Shared costs are apportioned
between the activities they o)ntribule to on a reasonable. justifiable and consistent basis.
Tangible assets
Tangible assets are inrtialty recorded at cost. and subsequently stated at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent acKumulated impairmenl losses.
An increase in the carrying amount of an asset as a resuR of a revalualion, is recognised in other
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expendtture within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation. is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain, in which case the loss is sh¢)wn wtthin
other recognised gains and losses on the statement of financial aGlivities.
24

Exeter City Community Trust
Company Limlted by Guarantee
Notes to the Financial Statements (¢ontinue
Year ended 31 January 2024
Accounting policles (eottthju
Depreclatson
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value, over the useful economic lrfe of that asset as folk)ws:
Plant and machinery
Computer equipment
Motor vehicles
Equipment
25% straight line
25% straight line
25% straight line
20r830h straight line
Impaimient of r￿ed assets
A review for indicators of impairnient is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount. the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impainnenl lesting, when it is not possible to estimate the recoverable
amount of an individual asset. an estimate is made of the recoverable amount of the
cash-generating unit to which the asset belongs. The cash-generating unit is the smallest
idenlifiable group of assets that indudes the asset and generates cash inflows thal largely
independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill. the goodwlil acquired in a business combination is, from the
acquisition date. allocated to eath of the cash_generating units that are expected to benefit from
the synergies of the combination. irrespective of whether other assets or liabiltties of the charity
are assigned to those units.
Financial instruments
A financial asset or a financial liabilty is recognised only when the entity becomes a party to the
contractual provisions of Ihe instrument.
Basic financtal instruments are initially recognised at the amount receivable or payable including
any related transaction r￿stS. unless the arrangement constitutes a finanang transaction, where
it is recognised at the present value of the future payments discounted at a market rate of
interest for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or re￿iVed and not discounted.
Financial assets that are measured at o)st or amortised o)st are reviewed for objedive evidence
of impairment at the end of each reporting date. If there is objectNe eviden￿ of irnpairment, an
impairment loss is recognised under the appropriate heading in the slatement of financial
activities in which the initial gain was recognised.
Any reversals of impainnent are recognised immedialely. to the exlent that the reversal does not
result in a carying amount of the financial asset that eX￿edS what the Carrying amount would
have been had the impairnient not previously been re￿gnised.
25

Exeter City Community Trust
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2024
Accountlng poll¢ies (¢ontsnued)
Defined contribution plans
Contributions to defined conlribution plans are reo)gnised as an expense in the period in whiGh
the related Serv[(￿ is provided. Prepaid contributions are recognised as an asset to the extent
that the prepayment will lead to a reduction in future paymenls or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the
reporting date in which the employees render the related service, the liabilty is measured on a
discounted present value basis. The unwinding of the discount is reGognised as an expense in
the period in which f( arises.
Limited by guarantse
The trust is a company fjmited by guarantee and has no share capital. In the event of the charity
being wound up the liabilty in respect of the guarantee is lirnited to £1.
Donallons and legacios
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Grants
EFL Trust.. Core funding
Education
Sports participation
Social indusion
Health and wellbeing
Other
35,000
5.950
105,859
292,875
311,561
27,939
5,950
30,916
14.085
144.739
27.939
74.943
278,790
166.822
Sponsorship
Sponsorship
10,750
59,334
70,084
Other donations and legacles
Donations
72.461
9,419
81,880
341.840
589.308
931,148
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Grants
EFL Trust.. Core funding
Education
Sports participation
Soaal inclusion
Health and wellbeing
Other
35,0(Y)
8,000
20,328
285,356
100,707
12.097
35,OCX)
8,000
92,918
650,709
296,723
20,097
72,590
365,353
196,016
8,000
26

Exeter City Community Trust
Company Limited by Guarantse
Notes to the Financial Statements (condnuedj
Year ended 31 January 2024
Donations and legacies (contlnu•d)
Unrestricted
Funds
Restricted Totsl Funds
Funds
2023
SponSo￿hlp
Sponsorship
13.500
35.663
49,163
Other donations and legacies
Donations
12.093
7,791
19,884
487,081
685.413
1,172,494
Charftable a¢tlvitles
Unrestricted
Funds
Reslricted Total Funds
Funds
2024
Education
Sports parttcipation
Social indusion
Health and wellbeing
Other income
152,964
370.374
43,874
82,973
17.513
152,964
431,851
629,871
83,008
21,513-
61,477
585,997
35
4.000
667,698
651,509
1.319,207
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Education
Sports participation
Social inclusion
Heallh and wellbeing
Other income
159.445
310,559
{954)
59,171
10,372
159,445
365,139
344,716
59,342
10,372
54.580
345,670
171
538.593
400.421
939,014
Other trdding aclivities
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Fundraising events
(1￿))
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Fundraising events
18.395
18.395
27

Exeter City Community Trust
Company Limited by Guarantee
Notes to the Financial Statements f¢ontinuedJ
Year ended 31 January 2024
Investment income
un￿strICted Total Funds Un￿S1￿Cled Total Funds
Funds
2024
Funds
2023
Bank interest receivable
17.566
17.566
2.949
2,949
Expenditure on charltable actlvities by fund type
Unrestricted
Funds
Restricied Total Funds
Funds
2024
Education
Sports participation
Social inclusion
Health and wellbeing
Grant paid
Support costs
38,798
324.178
136.733
176.872
38,798
495,054
610,914
314,380
170.876
474.181
137,508
232.499
255.174
487,673
909.080
1.037.739
1,946.819
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Education
Sports participatton
Social inclusion
Health and wellbeing
Grant paid
Support costs
49,134
233,131
172.302
146,130
50,000
198.491
49,134
351,187
580,379
281,820
50,000
407.359
118.056
408.077
135,690
208,868
849,188
870,691
1.719,879
28

Exeter City Community Trust
Company Limited by Guarantee
Notes to the Financlal Statements (coniinueo)
Year ended 31 January 2024
10. Analysls of support costs
2024
2023
Administrative salaries induding employefs Nl
Staff pensions
Staff training and COnferen￿S
DBS checks
Motor and travel expenses
Advertising and promotion
Telephone and intemet
Computer support and website
Printing. stationery and postage
Heat and light
Rates and water
Insurance
92,855
21,646
2,029
570
46,653
92,705
18,497
2,374
850
34,177
11
120.219
1.693
5,176
2.177
10.046
71
1.586
85,914
3,310
3,250
2,261
7,349
136
1,711
Repairs and maintenance
Cleaning
Fundraising expenses
Financial management
Bank charges
Sundries
Depreciation
Legal. consultancy and professional fees
3.321
3,021
16,704
3,125
10,463
67,318
5,254
18,398
4,424
20,303
68.539
5,484
28.918
5.370
60.204
479,578
398,523
Govemance costs
Legal fees
Audit fee
2.300
5,795
3,106
5.730
487.673
407,359
11. Analysis of grants
2024
2023
Grants to institutions
The Exeter Foundation
50,000
Total grants
50,000
12. Net income
Net income is stated after ¢hargingl{crediting)'.
2024
2023
Depreciation of tangible fixed assets
10.029
12,362
29

Exeter City Community Trust
Company Limited by Guarantee
Notes to the Financial Statements (COnllnuÈdJ
Year ended 31 January 2024
13. Auditors remuneratlon
2024
2023
Fees payable for the audit of the financial statements
5.795
5,730
14. Slaff costs
The total staff costs and employee benefits for the ieporting period are analysed as follows:
2024
2023
Wages and salaries
Employer contributions to pension plans
1,297.143
21.646
1,129,776
18,497
1,318.789
1,148,273
The average head count of employees during the year was 88 (2023: 76).
The number of employees whose remuneration for the year fell within the following bands. were..
2024
2023
No.
No.
£60,1YJO to £69.999
Key Management Personnel
Key management personnel include all persons that have authority and responsibility for
planning, directing and controlling the activities of the charity. The total compensation paid to key
management personnel for services provided to the charity was £78,620 (2023." £58.923).
15. Trustee remuneration and expenses
No remuneration or other benefiis from employment with the charity or a related entity were
received by the trustees.
No expenses were reimbursed lo the trustees during the year (2023: £nil).
30

Exeter City Community Trust
Company Limited by Guarantee
Notes to the Financial Statements (eontinued)
Year ended 31 January 2024
16. Tangible fixed assets
Freehold Plant and Computer
propety machinery equipment
Motor
vehicles Equipment
Total
Cost
At 1 Feb 2023
Additions
44.008
4.368
48,087
6,053
1.845
12.267
1.214
1(￿,208
11,635
117,843
At 31 Jan 2024
48.376
54,140
1.845
13.481
Depreciation
At 1 Feb 2023
ChaTge for the
year
37.960
38,021
1.845
10.425
88,251
3,462
5.495
1.072
10,029
At 31 Jan 2024
41.422
43.516
1.845
11.497
98,280
Carrying amount
At 31 Jan 2024
10,624
1.984
19,563
At 31 Jan 2023
6,048
10.066
1,842
17.957
17. Debtors
2024
2023
Trade debtors
Prepayments and accrued in(x)me
Other debtors
129,184
124,360
1,624
385,820
70,940
6,281
255,168
463,041
18. Creditors: amounts falling due within one year
2024
2023
Trade credttors
Accruals and deferred income
Social security and other tsxes
Other creditors
23,079
326,930
41,807
148,340
28,686
248,528
40,430
112,322
540,156
429,966
19. Defer￿d income
2024
2023
At 1 February 2023
Amount released to income
Amount deferred in year
At 31 January 2024
225,050
354,755
{225,050) (354,755)
260,631
225,050
260,631
225,050
31

Exeter City Community Trust
Company Limited by Guarantee
Notes to the Financial Statements (contlnuodj
Year ended 31 January 2024
19. Deferred income (contsmiodj
Deferred income represents course and coaching fees arKI other income sources re￿1vable prior
to the year-end but relating to courses and coaching sessions or related expenditure ta￿ng place
after the year end as follows-.
2024
2023
Running events
Premier League Kicks
Premier League Primary Stars
Supported Housing
Disability
Exeter City Women
Other education programmes
Other sports participation
other soaal indusion
Other health and wellbeing projects
Mis￿lIaneOUS
45,841
2,917
8.917
39,635
3.307
32.680
14,662
62,796
14,123
33,272
2.481
31.260
2.917
10,946
38,069
21.975
10,500
32.269
67,753
7.498
260,631
225,050
20. Pensions and other post retirement beneffts
Defined contribution plans
The amount recognised in income or expendtiure as an expense in relation to defined
contribution plans was £21,646 (2023.. £18.497).
21. Analysis of charitable funds
Unrestricted funds
At
1 Feb 2023
At
Transfers 31 Jan 2024
Ir￿oMe Expendiiure
General funds
Facilty fund
546.542
419.6CK)
1,027,004
(909.080) (119,634)
91.287
544,832
510,887
966.142
1,027.004
(909,080)
{28,34n 1.055,719
At
1 Feb 2022
At
Transfers 31 Jan 2023
Income Expenditure
General fvnds
Facility fund
775.320
1,047,018
(849,188) (426,608)
419,600
546,542
419,600
775.320
1.047,018
(849,188)
(7.008)
,142
32

Exeter City Community Trust
Cornpany Limited by Guarantee
Notes to the Financial Statements (conunu
Year ended 31 January 2024
21. Anatysis of charitsble funds (eontinuedj
The facilty fund represents funds set aside for futu￿ capital investment in suitable sports
facilities. by means of asset acquisrtion or improvements to existing facilrties that further the
charitys mission and increase its capacty to serve its beneficiaries.
Restrictsd funds
At
1 Feb 2023
At
Transfers 31 Jan 2024
Incon* Expenditure
PL Primary Stars
PL Kicks
Disabiltly Footbalvsport
Ability Counts
C Fraser Memorial Fund
TraineeshipslCoLab
Clare Milne Trust
Junior Grecians
Sporting Memories
Covenant fund
Infrastructure granl
Exeter City Women
Wellbeing Exeter
PL Fans Fund
Tackling Loneliness
Together
Creating Connections
Fil Fans
Supported Housing
Tery O'Neill Fund
22,301
11.416
7.415
(3.685)
1.822
1.996
1.800
15,572
{2,277)
3.030
71,879
35,000
6,770
17,449
{85,399)
{43.687)
{27,387)
{20.404)
{211)
8,781
2,729
13.202
6.640
1,611
1,996
1,800
20.258
28.104
2,267
(23.418)
(3.478)
3.488
3.030
36.669
2.811
4.993
99.218
111,348
4.167
(92.965)
(119.541)
(8%)
42,922
{5,382)
8,264
3.093
892
24.049
183.449
1.761
(8.310)
(705)
(41,892)
(569,446)
5,017
87
55,509
809.485
274
37,666
423,488
1,761
317.107
1,241.483 (1.037,739)
28.347
549,198
At
1 Feb 2022
At
Transfers 31 Jan 2023
Income Expenditure
PL Primary Stars
PL Kicks
Disabilty Footbalvsport
Ability Counts
C Fraser Memorial Fund
TraineeshipslCoLab
Clare Milne Trust
Junior Greaans
Sporting Memories
Covenant fund
12,114
12,185
25,653
(6.798)
2,179
74.659
37,212
20,009
7.915
(64,472)
(37.981)
(38.247)
{4.802)
(357)
22,301
11,416
7,415
(3,685)
1,822
1,996
1,800
15,572
(2,277)
3,030
1.800
11,020
(741)
3,030
20,577
555
(18,988)
(2,091)
2.963
33

Exeter City Community Trust
Company Limited by Guarantse
Notes to the Financial Statements (contlnu
Year ended 31 January 2024
21. Analysis of chaiitable funds (conrfnuéd)
Infrastructure grant
Exeter City Women
Wellbeing Exeter
PL Fans Fund
Tackling Loneliness
Together
Creating Connections
Fil Fans
Supported Housing
Terry O'Neill Fund
2,690
{12,231)
{55.179)
(11￿.779}
{654)
1,541
2,504
68.996
107.585
36,669
2,811
4.993
2.005
5.647
10.000
500
78,602
651.224
(6,￿￿
{6.038)
(51,791)
(464,102)
(72)
(870.691)
3,093
892
24,049
183,449
1,761
6.430
(2,762)
{3.673)
1,833
94.956
1,085,834
7,008
317,107

Exeter City Community Trust
Company Limited by Guarantee
Notes to the Financial Statements (eontinuedj
Year ended 31 January 2024
21. Anatysis of charitable funds (eontinued)
PL Primary Stars
Funding re￿iVed from the Premier League Charitable Fund towards the delivery of age
appropriate PE and Sport sessions in Primary Schools.
Premier League Kicks
A project funded by the Premier League Chartlable Fund together wtlh match fvnding from a
number of partners with the aim of using football to bring cy)mmunities together and engage with
young people. It inVo￿eS foolball and other sports sessions and the encouragement of
volunteering.
Disability Footbalvsport
The fund balan￿ represents the net ly)ok value of 2 power wheelchairs purchased with funding
from Sport England. together wilh unspent income from grants received specificalty for disability
projects.
Abilty Counts
An initiative which offews adults with mental health issues, leaming dtfficulties and physical
impainnents the opportunrty to engage in regular. structured. professional and fun physical
training sessions.
Every Player Counts
Funding for the developmenl of disabilty football.
C Fraser Memorial Fund
Funding re￿iVed in memory of Catherine Fraser to supwl an annual girls. football toumament.
Traineeships
Funding to give young people aged 16 to 18 the opportunity to gain work experience and learn
new skills, offering career progression paths within a sport and leisure environment.
Clare Milne Trust
Funding for the purchase of power-chairs.
Sporting Memories
An initiative which uses the power of sports to help tackle dementia, depression and loneliness.
Covenant fund
A project to support veterans of all ages and from all sections of Ihe armed forces who may be
socially isolated, lonely and in need of additional support with either transition into civilian life or
with regards re-connecttng with old frier)ds and building up their support systems.
Infrastructure grant
EFL Trust funding to assist with refiJTbishment works on the charitys Offi￿ accommodation.
Exeter City Women
Financial support by means of grants, sponsorship and other operating income in resped of the
operations of Exeter Cty Women FC.
Wellbeing Exeter
Funding to support indivmduals and communities in making physical actimty part of their daily
lives, and therefore improve their health and general wellbeing.
35

Exeter City Community Trust
Company Limited by Guarantee
Notes to the Financlal Statements (continu
Year ended 31 January 2024
21. Analysls of charltable funds (Cl￿1￿n￿*￿>
PL Fans Fund
Premier League funding for initiatrrfes to improve the match day experience of fans and the l(tsl
communty.
Tackling Loneliness Together
EFL Trust Funding for a projeci aimed at connecting more older people at risk of loneliness.
Creating Connections
UK Govemment funding for an inttiative to help people lo connect with each other in a variety of
ways including pen pal sthemes. social events and phone befriending.
Fit Fans
A Public Health funded iniiiative commissioned by the EFL Trust. aiming to support an increased
number of service users livtng with overweight and obesity to make behavioural and lifestyle
changes to reduce and manage their weight, improve their health status and their quality of life.
Supported Housing
A service that prowdes a safe and secure home with support for people to move to independent
living. Tenants will likety be homeless, at risk of being homeless. living in other temporary
accommodation. wctims of domestic violence or prison leavers.
Terry O'Neill Fund
A fund set up with a generous donation from the Terry O'Neill Trust Fund to help to buy football
kit and to subsidise other sport and physical acttvity expenses for young people in need in
Exeter.
22. Analysis of net assets between fund$
Unrestr￿ted
Funds
Restricled Total Funds
Funds
2024
Tangible ￿ed assets
Current assels
18,661
1.037,058
902
548.296
19,563
1,585,354
Netassets
1.055,719
549.198
1,604,917
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Tangible f￿ed assets
Cutrent assets
14,363
951.779
3.594
313.513
17,957
1,265,292
Net assets
.142
317,107
1.283,249
36

Exeter City Community Trust
Company Limited by Guarantee
Notes to the Financlal Statements (conUnu•(Q
Year ended 31 January 2024
23. Anatysis of changes in net debt
At
At
1 Feb 2023 Cash flows 31 Jan 2024
Cash at bank and in hand
1.232.217
638,125
1,870,342
24. Related partles
There were the following transactions during the year with Exeter City A.F.C. Limited of whith J
Tagg was a director throughout the year.
Expenditure-
Marketing and business developrnent
Kit. prizes and giveaways
Venue hire
Miscellaneous purchases and recharges
£33,330
£8,746
£7,735
£8,441
Sales=
Rent and sponsorship
£47,532
At the year-end date balances of £1.250 (2023.. £nil) were due from, and amounts of £1,757
(2023.. £4,247) were due to, the football club in respect of trading ledger balances.
37