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2023-06-30-accounts

Registered number: 06498920 Charity number: 1123520

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Trustees' Report and Financial Statements

For the Year Ended 30 June 2023

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Contents

Page
Reference and Administrative Details of the Charity, its Trustees and Advisers 1 - 2
Trustees' Report 3 - 9
Independent Auditors' Report on the Financial Statements 10 - 12
Statement of Financial Activities 13
Balance Sheet 14
Statement of Cash Flows 15
Notes to the Financial Statements 16 - 36

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Reference and Administrative Details of the Charity, its Trustees and Advisers For the Year Ended 30 June 2023

Trustees

S Hall, Chair (resigned 6 December 2023) C Hart P Roberts P Ellis N Britten, Interim Chair (appointed Interim Chair 6 December 2023) S Pearce T Harrison J Stevenson (resigned 18 September 2023) B Atwal, Interim Vice Chair (appointed Interim Vice Chair 6 December 2023) C Hastie (resigned 6 September 2023) R Morris

Company registered number

06498920

Charity registered number

1123520

Registered office

14 Pride Point Drive Pride Park Derby DE24 8BX

Head of Community

S Carnall

Independent auditors

Bates Weston Audit Ltd Statutory Auditors Chartered Accountants The Mills Canal Street Derby DE1 2RJ

Bankers

Barclays 22-26 St Peters Street Derby DE1 1SH

Page 1

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Reference and Administrative Details of the Charity, its Trustees and Advisers (continued) For the Year Ended 30 June 2023

Solicitors

Smith Partnership Norman House Friar Gate Derby DE1 1NU

Page 2

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Trustees' Report For the Year Ended 30 June 2023

The trustees are pleased to present their report and the financial statements of the charitable company for the period ended 30 June 2023. The trustees constitute directors of the charitable company for Companies Act purposes. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities”, issued in 2005, in preparing the annual report and financial statements of the charity.

Status

Derby County Community Trust (DCCT) is a company limited by guarantee without having a share capital and the liability of the members is limited to £1 each. The charitable company is governed by its Memorandum and Articles of Association and is a registered charity.

Statement of Trustees' Responsibilities

The Trustees, who are the directors of the charitable company for the purposes of company law, are responsible for preparing the Trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the surplus or deficit of the charitable company for that year. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and, hence, for taking reasonable steps to ensure the prevention and detection of fraud and other irregularities.

Role of Trustees

Trustee Recruitment

There were four new appointments made last year to strengthen the Board. 2023 has seen some change at Board, most notably with the resignation of Steve Hall in December. Recruitment for a new independent Chair is being prioritised for early 2024. Once this role has been filled, wider Trustee representation will be discussed further. During this interim period, Nick Britten will act as Chair and Bally Atwal will fill Nick’s role as Vice Chair.

Tracy Harrison stepped down from her role as Board Safeguarding Lead in October 2023 and resigned from the

Page 3

DERBY COUNTY COMMUNITY TRUST (A Company Limited by Guarantee)

Trustees' Report (continued) For the Year Ended 30 June 2023

Board on 6th March 2024. Rachel Morris has taken on the safeguarding lead role on an interim basis. Following the recruitment of Chair, this role will be prioritised.

In preparation for the recruitment of new Trustees last year and also for the identification of a new chair, we have taken time to look at the current makeup of the Board, the skills of Trustees and look at any identified gaps. As well as skill set, as an organisation we are clear on the type of Trustees who will live and breathe or values as an organisation and this will be prioritised during future recruitment.

Trustee recruitment packs have been designed and will be utilised throughout the process of future recruitment. We have registered with reach volunteering to help us publicise vacancies, but we will look to rely heavily on existing networks to identify potential new Trustees as well.

Trustee Sub-committees

The following sub-committees remain in place.

  1. People and Performance

  2. Finance and Governance

  3. Fundraising, Marketing and Communications

The sub-committees have made a hugely positive impact on the development of the Trust, freeing up valuable time at full board to undertake greater horizon scanning and impact measurement.

Objectives and Activities

  1. To promote community participation in healthy regeneration by providing facilities for the playing of association football and other sports capable of improving health (facilities mean land, buildings, equipment and organising sporting activities).

  2. To provide and assist in providing facilities for sport, recreation or other leisure time occupation of such persons who have need for such facilities by reason of their youth, age, infirmity or disablement, poverty or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving their conditions of life.

  3. To advance the education of children and young people through such means as the trustees think fit in accordance with the objectives of the charity.

Delegated Responsibility, Structure, Governance and Management

As an organisation we continuously review policies and processes which include the Good Governance Handbook. As part of that review, we have sense-checked both the statement of responsibilities and delegated powers as outlined within that handbook.

Simon Carnall, Head of Community of Derby County Community Trust, is delegated by trustees to oversee the day-to-day running of the charity. Simon is supported in his role by Derby County Football Club Chief Executive and trustee Stephen Pearce, who he meets bi-weekly, and Chair of Trustees, who he meets with monthly, as well as receiving other guidance and support as and when required. The Board of Trustees meets as a full board at least four times a year. The three sub-committees also meet at least quarterly, with committee Chairs reporting into main Board.

Paul Newman, Community Manager of Derby County Community Trust, oversees the management of all departmental managers and project staff and does so through bi-weekly staff supervisions.

Trust financial monitoring and reporting is undertaken by Finance Manager Amy Greveson, who prepares detailed monthly management accounts, which are analysed with budget-holders.

Our HR and People services are overseen by HR Manager Lisa Anderson. Over the past year Lisa has led on

Page 4

DERBY COUNTY COMMUNITY TRUST (A Company Limited by Guarantee)

Trustees' Report (continued) For the Year Ended 30 June 2023

significant programmes that aim at developing DCCT as an employer of choice.

Safeguarding and Compliance Manager Kully Grewal-Pollard offers Trust-wide support and guidance for safeguarding, reporting into Paul Newman, as designated safeguarding officer, and Tracy Harrison, the Board safeguarding lead.

Staffing Level

Derby County Community Trust currently has 72 full-time staff and utilises a part-time pool of 37 staff. Volunteering numbers of around 100 remain similar to last year, with Kenya and the Derby 10k contributing the most significant number of volunteers.

Key Staff – Senior Management Team

Simon Carnall Head of Community
Paul Newman Community Manager
Amy Greveson Finance Manager
Kully Grewal-Pollard Safeguarding and Compliance Manager
Lisa Anderson HR Manager
Pete Collins Business Development Manager
Megan Patrick Marketing and Communications Manager
Emma Pilgrim Project and Events Manager
Kieron Wicks Education and Employability Manager
Gavin Lewis Community Engagement Manager
Sharon Dale Health Manager
Richard Mansfield Schools and Coaching Manager

Strategic Update

As an organisation we continue to deliver programmes in line with our logic model/theory of change. This gives us as a Trust, clarity on our vision, mission and values and allows us to focus on offering the right support to the right people at the right time.

We have continued to review how as an organisation we can better measure success. Trustees have been integral to that process and were clear on the areas of focus for the work, how progress should be reported to Board and how achievement is reviewed and articulated. Community Manager Paul Newman has led on this work supported by the SLT.

HR Manager Lisa Anderson has led the progress we have made this year to become an employer of choice. Board is delighted with the success and progress made as Lisa has already made huge progress reviewing and improving Trust processes and policy, as well as developing key metrics for the development of our employee proposition. We have completed the salary benchmarking, job grading framework and performance management framework.

The appointment of Amelia Jones as EDI Lead is a welcome development. Amelia has been employed to work across both the Club and Trust and we are excited to see the work that we will develop and deliver.

Impact of our Programmes and Key Achievements

Across the year, we worked with over 30,000 participants over 40 projects, improving lives and communities through sport, physical activity, health and education.

We started our weekly Community Meals at Harrison’s Hub. Running each Thursday, across the past 12 months, over 1,500 meals have been served up to various members of the community, including other charity groups and organisations. This has been made possible through funds raised via fans’ contributions and local business support.

Page 5

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Trustees' Report (continued) For the Year Ended 30 June 2023

During the year the Schools and Coaching department launched ‘Rambots’ as part of the Premier League Primary Stars programme – Sphero BOLT robots which are designed to teach coding to children – sponsored by Lubrizol to widen the STEM offer and opportunities locally.

In the Education and Employability team, three of the Football and Education teams won their respective EFL Community Education and Football Alliance leagues and were invited to the play-off finals at Wembley to celebrate.

The same team also worked tirelessly to launch the new Female Talent Pathway, an integration with Derby County Women to ensure all local talented footballers are given competitive opportunities. Throughout the summer, over 750 triallists joined the team at Moor Farm Training Centre.

Within the Inclusion team, the DS Active team, which offers football opportunities for players with Down’s Syndrome, won a national FA ‘Just Play’ competition, where they got to attend the FA Disability Cup finals at St George’s Park. Joining the event as VIPs, they got to take part in various activities and help to present the trophies.

It was a busy year for our Events team. The Derby 10K returned, welcoming over 3,000 runners to the city’s streets to take part in our biggest fundraiser.

The flagship event was followed by the Trust’s first ever Black and White Ball, which was held at Clowes Developments in July. The fundraiser saw attendees from across the local corporate community come together to support the Trust’s projects, and through a range of on-the-night games and an auction, a fantastic £26,000 was raised.

The health department continues to grow, and this year developed a new programme to support and empower women. Menopause Matters launched at the back end of 2022 and has helped over 800 women to date. Its vast progress was recognised nationally at the Menopause Friendly Awards and was also awards the Community Trust’s Programme of the Year at their own awards in September.

As we headed into Autumn, we stepped up our efforts to provide a warm and welcome space at Harrison’s Hub, with the return of ‘Communi-tea’ sessions each Wednesday, in addition to the ongoing Community Meals.

After Trustees agreed funding, we were able to continue the Rams Family Support project, which runs throughout half term holidays to ensure that children in receipt of free school meals are invited to holiday activity sessions with healthy lunches. In addition to the daytime sessions, participants were also invited to Pride Park for a stadium tour with first team players Eiran Cashin and Louie Sibley.

The Derby County first team support continued into the EFL Week of Action in November, when Head Coach Paul Warne and Assistant Head Coach Richie Barker attended the Female Talent Pathway training sessions at the University of Derby, to shine a light on the progress that has been made within girls’ football across 2023.

December was another busy festive period for the Trust. The month started with our support of the Reverse Advent Calendar campaign, run in conjunction with Derby Food 4 Thought Alliance, where over 200 full food parcels were donated to the city’s food banks.

Festive meals were hosted at Pride Park Stadium and out in the community, with events staged for the Golden Rams and friends, Ukrainian families who have moved to Derby and community members who may not otherwise receive a hot Christmas meal.

2022/2023, as ever, was a busy time for the charitable arm of the football club and looking ahead to the remainder of 2023 and into 2024 there are no signs of activity slowing down.

Key Challenges

The recruitment of a new Chair of Trustees is a priority for early in 2024 and once this recruitment is finalised, we will review the makeup of the Board to identify if there are any potential gaps that need addressing.

Page 6

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Trustees' Report (continued) For the Year Ended 30 June 2023

The organisation finds itself in a healthy position, with an outstanding team of staff and strong cash reserves. Both Derby and Derbyshire, however, have been impacted significantly by the pandemic and the cost-of-living crisis means that the inequalities existing within our communities are increasing and the challenges faced by those most in need are greater and more complex.

Future Provision

With a clear strategy, articulated through the logic model, we are in a good position to continue to deliver impactful programmes where they are most needed. Measuring success is essential to our ongoing development and we will remain focused on this area over the coming year.

The economy may present some challenges, but our current funding is strong and we have secured external expertise in the shape of bid writing to support the organisation identify and secure external funding.

Financial Review

We continue to have strict financial management, overseen by Finance Manager Amy Greveson, who updates Trustees through both the Finance and Governance sub-committee and full Board. Over the past twelve months, as agreed at Board, Amy has successful opened a new CCLA account which holds an agreed amount of cash reserves.

The 2023/24 budget was approved at Board in June 2023.

Managing Risk

Risk registers are in place for all areas of the organisation, and these are reviewed at each sub-committee meeting and full board if/when required. Risks are assigned to key staff with clear reporting both into staff and upwards into Board. All risks are discussed with clear mitigations developed and implemented to reduce the identified risk.

As we look at the year ahead it is clear to see that the main risks associated with the Trust are the challenges to our increasing costs not only those that are related to our office building but those associated within our delivery programmes. The cost-of-living crisis has seen most things become more expensive and we are certainly seeing this as an organisation. This is a challenge to mitigate as it is very difficult to increase the price of our interventions as it makes them less inclusive. It is also difficult to pass on additional costs to funders where long term agreements are in place. What we have done is factor into all new funding agreements annual increments which will hopefully help us mitigate the ever-increasing costs of delivery.

Funding continues to be extremely competitive to access with most funding pots oversubscribed. We are very successful locally with securing funding but have had very little success accessing national pots. To mitigate this, we have agreed to work with Tim Hatton Consultancy. Tim will work with department managers as he looks to identify and access funding pots, we fell are appropriate for our response to identified local need.

We continue to aim to increase unrestricted funds through a variety of fund-raising end major event delivery. The Black and White Ball, Rams in Kenya and the Derby 10k are flagship programmes that support our drive to raise funds. We continue to drive these programmes whilst adding additional events in the hope of raising more funds that can be used within programmes. Events are always a challenge to recruit for and we recognise that we need to focus energy on this to ensure that we retain high numbers and in turn raise much needed funds.

Staff Remuneration

The arrangements for setting the pay and remuneration of key management and staff continues to sit with the People and Performance sub-committee. Recommendations from the group will go to Board for approval. This process has been informed by comprehensive bench-marking and job-grading exercises, which have showed the trust’s current levels of remuneration relative to other similar organisations regionally and across the UK.

Page 7

DERBY COUNTY COMMUNITY TRUST (A Company Limited by Guarantee)

Trustees' Report (continued) For the Year Ended 30 June 2023

Reserves Policy

The reserves policy remains unchanged following last year’s review, however we recognise the need to annually review how we agree on designated funds. We continue with the ambition to ensure that sufficient funds are held to cover a full year of the organisation’s key core costs. Having reviewed this during the audit process, we have reforecast this to £400,000. This amount is inclusive of the following:

The Trustees are further committed to ensuring a further ‘buffer’ of £100,000 to ensure continued delivery of key activity where required. A further £37,067 of funds is identified within an innovation fund for staff and partners to apply into for new and impactful programmes/initiatives.

The contingency fund of £277,500 has not been altered and remains as per last years designation. In total our designated fund sits at £814,567.

The trustees' monitoring of reserves will happen at each Board meeting and as part of the normal budgetary reporting processes. The Trustees acknowledge that how the level of reserves changes during the year can be viewed as an indicator of the underlying financial health of the charity and can also be an indicator of potential problems.

Trustees will:

The Trustees can report a deficit of income over expenditure for the year of £51,364.

Disclosure of Information to Auditors

So far as the trustees are aware:

The trustees’ report is prepared in accordance with special provisions of the Companies Act relating to small companies.

Page 8

DERBY COUNTY COMMUNITY TRUST (A Company Limited by Guarantee)

Trustees' Report (continued) For the Year Ended 30 June 2023

Approved by order of the members of the board of Trustees and signed on their behalf by:

N Britten

Date: 14 March 2024

Page 9

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Independent Auditors' Report to the Members of Derby County Community Trust

Opinion

We have audited the financial statements of Derby County Community Trust (the 'charity') for the year ended 30 June 2023 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that 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 statements, we have concluded that the Trustees' use of the going concern 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 conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The Trustees are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Page 10

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Independent Auditors' Report to the Members of Derby County Community Trust (continued)

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' Report.

We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Trustees' Responsibilities Statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always 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 reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Based on our understanding of the charity and industry in which it operates, we considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006 and Charities Act 2011. Audit procedures performed by the engagement team included:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions

Page 11

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Independent Auditors' Report to the Members of Derby County Community Trust (continued)

reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed.

Wayne Thomas ACA (Senior Statutory Auditor) for and on behalf of

Bates Weston Audit Ltd Statutory Auditors Chartered Accountants The Mills Canal Street Derby DE1 2RJ

22 March 2024

Page 12

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Statement of financial activities (incorporating income and expenditure account) For the Year Ended 30 June 2023

Note
Income from:
Charitable activities
2
Other trading activities
3
Total income
Expenditure on:
Raising funds
4
Charitable activities
5
Total expenditure
Net income/(expenditure)
Transfers between funds
14
Net movement in funds before other
recognised gains/(losses)
Other recognised gains/(losses):
Pension surplus not recognised
21
Actuarial losses on defined benefit
pension schemes
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Restricted
funds
2023
£
2,520,768
-
2,520,768
-
2,459,519
2,459,519
61,249
(219,650)
(158,401)
-
-
(158,401)
334,289
(158,401)
175,888		 Unrestricted
funds
2023
£
701,794
121,575
823,369
111,527
824,455
935,982
(112,613)
219,650
107,037
-
-
107,037
1,220,265
107,037
1,327,302		 Total
funds
2023
£
3,222,562
121,575
3,344,137
111,527
3,283,974
3,395,501
(51,364)
-
(51,364)
-
-
(51,364)
1,554,554
(51,364)
1,503,190		 Total
funds
2022
£
3,437,955
160,025
3,597,980
135,189
3,066,372
3,201,561
396,419
-
396,419
(57,000)
343,000
682,419
872,135
682,419
1,554,554

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 16 to 36 form part of these financial statements.

Page 13

DERBY COUNTY COMMUNITY TRUST (A Company Limited by Guarantee) Registered number: 06498920

Balance Sheet As at 30 June 2023

Note
Fixed assets
Tangible assets
10
Current assets
Debtors
11
Investments
12
Cash at bank and in hand
Creditors: amounts falling due within one
year
13
Net current assets
Total net assets
Charity funds
Restricted funds
14
Unrestricted funds
14
Total funds		 317,901
1,269,273
453,793
2,040,967
(564,474)		 2023
£
26,697
26,697
1,476,493
1,503,190
175,888
1,327,302
1,503,190		 293,282
-
1,882,494
2,175,776
(647,178)		 2022
£
25,956
25,956
1,528,598
1,554,554
334,289
1,220,265
1,554,554

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

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

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

N Britten

Date: 14 March 2024

The notes on pages 16 to 36 form part of these financial statements.

Page 14

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Statement of Cash Flows
For the Year Ended 30 June 2023
Cash flows from operating activities
Net cash used in operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash used in investing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
The notes on pages 16 to 36 form part of these financial statements		 2023
£
(140,739)
(18,689)
(18,689)
(159,428)
1,882,494
1,723,066		 2022
£
438,562
(14,093)
(14,093)
424,469
1,458,025
1,882,494

Page 15

DERBY COUNTY COMMUNITY TRUST (A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

1. Accounting policies

1.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Derby County Community Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

1.2 Company status

The company is a company limited by guarantee. The members of the company are the Trustees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company.

1.3 Income

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Turnover includes income from coaching programmes. This income is recognised on completion of each session.

Donations, gifts and other voluntary income are accounted for when received.

Many of the programmes operated by the company are funded via grants from external organisations. Grant income is recognised in the Statement of Financial Activities over the period of the grant. Any grants received in advance or arrears are reflected in creditors or accrued income respectively.

1.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Charitable activities and Governance costs are costs incurred on the company's educational operations, including support costs and costs relating to the governance of the company apportioned to charitable activities..

Support costs are those costs incurred directly in support of expenditure on the objects of the company and include project management carried out at Headquarters.

All expenditure is inclusive of irrecoverable VAT.

Page 16

DERBY COUNTY COMMUNITY TRUST (A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

1. Accounting policies (continued)

1.5 Tangible fixed assets and depreciation

All assets costing more than £500 are capitalised.

Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures and fittings - 10% on cost Computer equipment - 33% on cost

1.6 Taxation

The charity is exempt from corporation tax on its charitable activities.

1.7 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.8 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges.

1.9 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page 17

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

1. Accounting policies (continued)

1.10 Critical accounting estimates and areas of judgement

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

The Trustees consider there are not any critical accounting estimates and assumptions. The critical areas of judgement relate to the recognition of deferred and accrued income and is determined in accordance with the grant terms and conditions.

2. Income from charitable activities

Schools and Coaching
Safe, Fit, Connected
Events and Fundraising
RTC
Education
Health
Breakfast Club
NCS
Business Development
Rams in Kenya
Opportunity Area
Inclusion
Total 2022		 Restricted
funds
2023
Unrestricted
funds
2023
£
£
248,907
419,726
-
600
-
290
108,856
-
558,994
5,200
901,108
-
-
-
263,210
-
-
60,365
-
215,613
155,316
-
284,377
-
2,520,768
701,794
2,817,021
620,934		 Total
funds
2023
£
668,633
600
290
108,856
564,194
901,108
-
263,210
60,365
215,613
155,316
284,377
3,222,562
3,437,955		 Total
funds
2022
£
684,154
41,165
-
63,996
466,098
747,343
1,459
219,131
68,156
166,075
493,369
487,009
3,437,955

Page 18

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

3. Income from other trading activities

Income from fundraising events

Unrestricted Total Total
funds funds funds
2023 2023 2022
£ £ £
Events and Fundraising 121,575 121,575 160,025

4. Expenditure on raising funds

Unrestricted Total Total
funds funds funds
2023 2023 2022
£ £ £
Events and fundraising 111,527 111,527 135,189

Page 19

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

5. Analysis of expenditure on charitable activities

Summary by fund type

Schools and Coaching
RTC
Inclusion
Education
Rams in Kenya
Health
NCS
Events and Fundraising
Safe, Fit, Connected
Business Development
Breakfast Club
Opportunity Area
Total 2022		 Restricted
funds
2023
Unrestricted
funds
2023
£
£
249,277
378,836
117,347
-
232,267
127,848
554,123
3,590
-
179,932
832,125
41,104
252,039
-
-
2,154
-
21,256
-
63,551
-
3,312
222,341
2,872
2,459,519
824,455
2,092,128
974,244		 Total
2023
£
628,113
117,347
360,115
557,713
179,932
873,229
252,039
2,154
21,256
63,551
3,312
225,213
3,283,974
3,066,372		 Total
2022
£
540,969
80,566
406,781
434,138
153,735
758,015
201,228
640
9,109
62,421
4,728
414,042
3,066,372

Page 20

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

6. Analysis of expenditure by activities

Schools and Coaching
RTC
Inclusion
Education
Rams in Kenya
Health
NCS
Events and Fundraising
Safe, Fit, Connected
Business Development
Breakfast Club
Opportunity Area
Total 2022		 Direct
costs
2023
£
575,240
94,352
194,165
435,087
177,731
692,475
135,417
2,154
-
56,159
3,312
112,727
2,478,819
2,374,877		 Support
costs
2023
£
52,873
22,995
165,950
122,626
2,201
180,754
116,622
-
21,256
7,392
-
112,486
805,155
691,495		 Total
funds
2023
£
628,113
117,347
360,115
557,713
179,932
873,229
252,039
2,154
21,256
63,551
3,312
225,213
3,283,974
3,066,372		 Total
funds
2022
£
540,969
80,566
406,781
434,138
153,735
758,015
201,228
640
9,109
62,421
4,728
414,042
3,066,372

7. Auditors' remuneration

2023 2022
£ £
Auditors remuneration 6,000 6,500

8. Staff costs

Wages and salaries
Social security costs
Contribution to defined contribution pension schemes		 2023
£
1,480,975
109,240
136,839
1,727,054		 2022
£
1,444,389
113,384
78,916
1,636,689

Page 21

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

8. Staff costs (continued)

The average number of persons employed by the charity during the year was as follows:

2023 2022
No. No.
Charitable activities 119 105

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

2023 2022
No. No.
In the band £60,001 - £70,000 - 1
In the band £70,001 - £80,000 1 -

Key management personnel during the year comprised the Senior Leadership Team who consists of the Head of Community, Community Manager, HR Manager, Finance Manager, Safeguarding and Compliance Manager, and the Marketing and Communications Manager. They received total remuneration and benefits of £295,417 (2022 - £261,560).

9. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2022 - £NIL) .

During the year ended 30 June 2023, no Trustee expenses have been incurred (2022 - £NIL) .

10. Tangible fixed assets

Cost
At 1 July 2022
Additions
At 30 June 2023
Depreciation
At 1 July 2022
Charge for the year
At 30 June 2023		 Fixtures and
fittings
£
16,547
4,904
21,451
10,396
6,642
17,038		 Computer
equipment
£
100,973
13,785
114,758
81,168
11,306
92,474		 Total
£
117,520
18,689
136,209
91,564
17,948
109,512

Page 22

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

10. Tangible fixed assets (continued)

Net book value
At 30 June 2023
At 30 June 2022
11.
Debtors
Due within one year
Other debtors
Prepayments and accrued income
Grants and other receivables
12.
Current asset investments
Cash on deposit		 Fixtures and
fittings
£
4,413
6,151		 Computer
equipment
£
22,284
19,805
2023
£
-
107,806
210,095
317,901
2023
£
1,269,273		 Total
£
26,697
25,956
2022
£
15,177
100,261
177,844
293,282
2022
£
-

Page 23

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

13. Creditors: Amounts falling due within one year

Other taxation and social security
Other creditors
Accruals and deferred income
Deferred income at 1 July 2022
Resources deferred during the year
Amounts released from previous periods		 2023
£
35,723
127,522
401,229
564,474
2023
£
247,308
372,914
(247,308)
372,914		 2022
£
32,946
102,420
511,812
647,178
2022
£
490,096
247,308
(490,096)
247,308

Deferred income relates to grants received in advance of the period to which they relate.

Page 24

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

14. Statement of funds

Statement of funds - current year

Unrestricted funds
Designated funds
Core operations fund
Investment programmes fund
Contingency fund
Innovation fund
General funds
General funds
Total Unrestricted funds
Restricted funds
Premier League
Education
NCS
Winning Minds
Divert
Active Recovery
Child Weight Management
PLPS
RTC
Health and wellbeing
Opportunity Area
Team Talk
Active Choices
HAF
Funding- Sport England
Schools and Coaching - under
£50k
Inclusion - under £50k
Health- under £50k		 Balance at 1
July 2022
£
600,000
150,000
277,500
-
1,027,500
192,765
1,220,265
-
-
-
101,271
50,000
-
-
-
-
-
128,000
29,880
-
-
19,523
5,615
-
-		 Income
£
-
-
-
-
-
823,369
823,369
115,000
558,994
263,210
108,691
-
113,811
289,858
160,000
108,856
141,129
155,316
4,243
105,426
50,516
-
75,601
132,167
137,950		 Expenditure
£
-
-
-
(12,933)
(12,933)
(923,049)
(935,982)
(94,422)
(554,123)
(252,039)
(92,416)
(19,709)
(108,558)
(279,391)
(160,066)
(117,347)
(144,933)
(222,341)
(4,017)
(66,503)
(63,637)
-
(54,458)
(89,252)
(136,307)		 Transfers
in/out
£
(200,000)
(50,000)
-
50,000
(200,000)
419,650
219,650
(20,578)
-
(11,171)
(49,460)
(30,291)
-
-
-
8,491
3,804
-
(3,804)
(38,923)
13,121
(19,523)
(26,758)
(42,915)
(1,643)		 Balance at
30 June
2023
£
400,000
100,000
277,500
37,067
814,567
512,735
1,327,302
-
4,871
-
68,086
-
5,253
10,467
(66)
-
-
60,975
26,302
-
-
-
-
-
-

Page 25

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

14. Statement of funds (continued)

Statement of funds - current year (continued)

Balance at
Balance at 1 Transfers 30 June
July 2022 Income Expenditure in/out 2023
£ £ £ £ £
334,289 2,520,768 (2,459,519) (219,650) 175,888
Total of funds 1,554,554 3,344,137 (3,395,501) - 1,503,190
Statement of funds - prior year
Balance at
Balance at Transfers Gains/ 30 June
1 July 2021 Income Expenditure in/out (Losses) 2022
£ £ £ £ £ £
Unrestricted
funds
Designated
funds
Core operations
fund - - - 600,000 - 600,000
Investment
programmes
fund - - - 150,000 - 150,000
Contingency
fund - - - 277,500 - 277,500
- - - 1,027,500 - 1,027,500
General funds
General funds 1,072,663 780,959 (1,086,433) (574,424) - 192,765
Pension reserve (263,000) - (23,000) - 286,000 -
809,663 780,959 (1,109,433) (574,424) 286,000 192,765
Total
Unrestricted
funds 809,663 780,959 (1,109,433) 453,076 286,000 1,220,265

Page 26

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

14. Statement of funds (continued)

Restricted funds

Restricted
funds
Premier League
Education
NCS
Mental Health
Community
Engagement
Divert
Active Recovery
Child Weight
Management
PLPS
RTC
Health and
wellbeing
Opportunity Area
Team Talk
Active Choices
Macmillan
HAF
Funding- Sport
England
Schools and
Coaching -
under £50k
Inclusion - under
£50k
Health- under
£50k
Total of funds		 -
-
-
-
-
-
39,026
-
-
-
-
3,923
-
-
-
-
19,523
-
-
-
62,472
872,135		 103,256
426,097
216,131
113,822
10,114
68,625
115,643
99,392
144,650
63,996
66,452
629,361
68,477
163,232
59,637
190,710
-
98,935
130,803
47,688
2,817,021
3,597,980		 (94,865)
(324,352)
(178,382)
(142,551)
(4,209)
(8,624)
(107,158)
(93,508)
(133,755)
(79,724)
(65,643)
(413,351)
(38,597)
(83,736)
(36,521)
(54,394)
-
(65,301)
(113,066)
(54,391)
(2,092,128)
(3,201,561)		 (8,391)
(101,745)
(37,749)
130,000
(5,905)
(10,001)
(47,511)
(5,884)
(10,895)
15,728
(809)
(91,933)
-
(79,496)
(23,116)
(136,316)
-
(28,019)
(17,737)
6,703
(453,076)
-		 -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
286,000		 -
-
-
101,271
-
50,000
-
-
-
-
-
128,000
29,880
-
-
-
19,523
5,615
-
-
334,289
1,554,554

15. Fund descriptions

Transfers between funds

Unspent restricted funds are transferred to general funds following the successful delivery of activities if permitted by the relevant funding agreements. Transfers also arise when it is appropriate to apportion an element of unrestricted expenditure to a particular restricted fund to more accurately reflect the actual cost of delivering the activity.

Page 27

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

The following are the restricted funds identified in the statement of funds noted above.

Education

Derby County Community Trust in partnership with the Football League Trust and the University of South Wales run a Foundation Coaching Degree. Our Football and Education Programme funded through Derby College has learners undertaking their education at the College as well as engaging in enrichment coaching and games with the Trust. Additionally, we deliver a Traineeship programme in partnership with Chesterfield College.

Community Engagement

Delivered in the heart of local communities our team run a range of inclusive programmes across Derby and Derbyshire, enhancing community cohesion and providing sustainable opportunities for physical activity and education. All of our activities are provided free of charge and look to improve employability skills along with physical and mental health. Activities range from free football and sports sessions to sports leadership and Football Association-accredited qualifications.

Child Weight Management

The Child Weight Management programme is one of 9 programmes funded by Public Health as part of a wider healthy lifestyle service. This is a holistic family centred health lifestyle and weight loss programme offering support to children and young people aged 5 - 17 to lose weight, improve their eating habit and increase their physical activity - this is extended to family members. Family cook and eat sessions are provided to promote healthy eating, a smoking cessation service is delivered to 12+ and we offer support for young people to increase self-esteem and confidence to get them engaged in the programme.

Premier League Primary Stars

Working in partnership with the Premier League Charitable Fund, we aim to enhance the quality of PE delivery in schools in Derby City and Derbyshire. raising aspirations of children within school sport. Staff within the programme specialise in a range of sports and activities that fit perfectly with the national curriculum.

NCS

The National Citizen Service (NCS) is a flagship policy at the heart of the Governments vision for building a big society. NCS brings together 16 – 17-year olds from different backgrounds in a programme of challenge, service and learning, enabling them to develop the confidence, skills and attitude they need to become more engaged with their communities and become active and responsible citizens.

Derby County Community Trust has partnered with Ingeus to deliver the National Citizen Service. The programme runs in the summer and autumn, during school holidays. Participants have a short time away from home doing outdoors activities like canoeing, abseiling and white-water rafting. This is followed by skills-building activities and a social action project in teams which will help the community.

Active Recovery

Active Recovery is a free 12-month cancer exercise and rehabilitation programme which works with anyone who has been recovering from or living with cancer within the last five years.

Close links with Derby Royal Hospital allow the programme to have a greater reach amongst those affected. The aims are for participants to become more active, feel better within themselves and feel more energised in their day-to-day life, this will be done by taking part in fun strength, fitness and sport activities aimed at all abilities.

The Premier League Charitable Fund

The Premier League continue to be one of the biggest funders of the Trust. There are 3 main areas where the Premier League fund Trust Programmes:

Premier League Primary Stars uses the appeal of the Premier League and professional football clubs to inspire children to learn, be active and develop important life skills. Available to every primary school in England and Wales, it inspires pupils aged 5-11 in the classroom, the playground and on the sports field.

Page 28

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

Premier League values underpin everything on offer, encouraging children to:

Derby County Community Trust staff work with teachers to deliver fun, educational sessions across a range of programmes.

Premier League Kicks is the Premier League’s flagship community initiative; the overriding aim of which is to use the strength and profile of professional football clubs to create opportunities for young people at the heart of their communities.

The programme is aimed to engage young people (aged 8-19) in a range of constructive activities funded nationally by the Premier League and Sport England. A key part of the programme is to create routes into education, training and employment whilst encouraging volunteering within projects and throughout the target neighbourhoods.

The programme helps break down barriers between the police and young people and supports the reduction of crime and anti-social behaviour in targeted neighbourhoods.

From being part of the Kicks programme, you can gain opportunities such as representing Derby County at tournaments, match tickets and free qualifications.

Active Choices

Active Choices is a healthy lifestyle and behavioural change programme which helps people who have struggled with substance misuse issues.

The programme works with referrals from Derby Drug and Alcohol Services as well as offering closed group support with partners such as YMCA, Phoenix Futures, Jericho House and Studio House – which then link in with the wider community programme.

Delivery has been extended into Derbyshire and there are now hubs in Swadlincote, Ripley and Ilkeston too.

It has helped over 1,000 people with substance misuse issues to turn their lives around, which has given them the opportunity to receive one-to-one support and take part in worthwhile activities at a critical point in their recovery. Activities include:

The programme has been instrumental in Derby successfully improving the number of drug-free exits from treatment services through a personalised plan that introduces structured and meaningful activities into individuals’ daily routines.

The service also works with individuals with drug problems returning to the community from custodial prison sentences, supporting them to change behaviours to break offending patterns.

Macmillan (Wellbeing for All)

Wellbeing for All is a health project funded by Macmillan which aims to encourage people to make healthy

Page 29

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

lifestyle choices that link to reducing the risk of developing cancer.

We aim to:

RTC

Derby County Community Trust host one of 30 FA Regional Talent Centres for talented, female footballers from Under 11 to Under 16 level. The centre aims to deliver enhanced coaching and support designed to improve the development of elite female players through the FA Girls’ England talent pathway.

The four age groups (Under 11s, Under 12s, Under 14s and Under 16s) take part in weekly training and regular competitive fixtures against other RTCs and local grassroots teams. We have seen several regional and national call-ups within the centre and all players are expected to commit to their squads, regularly attend training and take part in strength and conditioning sessions.

There is also an exclusive player pathway in place to support the ongoing development of female footballers throughout their career, in partnership with the Derby County Women’s team and our own Football and Education programme. This provides sustainable exit routes designed to provide opportunities for talented players.

Opportunity Area Inclusion Programme

The inclusion programme seeks to increase the capacity and capability of mainstream schools to provide effective inclusion interventions and support vulnerable students. Exclusion is an area of continuing weakness in the city and our collective city wide approach is the only way to move this forward. The programme is locally led, locally driven and includes consultation with young people and their families throughout. DCCT lead a delivery consortium of partners focusing on four key areas;

  1. Youth Voice

  2. Mental Health and Wellbeing

  3. Mentoring

  4. Careers and Employability

Research is a key element of the programme and we have partnered with the Derby Education Business Partnership and Event ID to undertake two pieces of research that will give us the insight to strengthen our understanding of the issues facing young people within the city and to enable us to provide resources and the right intervention and support for the most vulnerable children and young people in the City.

Inclusion- Funding- Sport England.

Winning Minds engages young people aged 11-21 from Derby and Derbyshire who are experiencing poor mental wellbeing and low self-esteem. The areas and young people targeted are at high risk of developing a mental illness. This project works at the heart of the community with young people who aren’t accessing CAMHS services, it looks to raise awareness of mental health and well-being, provide opportunities to develop vocationally, participate in physical activity in a safe environment, supported by experienced staff away from the clinical approach. Barriers such as stigma, autonomy, transport and perception of services are difficult for young people to overcome, our programme removes these barriers by going into the educational environment and supports the young person before a condition develops.

Our project lead and the comprehensive volunteering programme will be an integral part of our recruitment and retention, by working through the 5 steps to mental well-being.

  1. Connect

  2. Be active

  3. Keep learning

  4. Give to others

  5. Mindfulness

Page 30

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

Divert

One-off payment of funds to enable Derby County Community Trust to fund a member of staff to be able to go to custody to speak to potential offenders and discuss all of the programmes the charity runs. These funds can also be used for facility hire and refreshments.

Winning Minds

Runs programmes including 'Tackle It' and 'Great Girls Hub'. Funds are used to pay for a staff member to attend sessions and help children with their mental health. Funds can also be used for day trips, facility hire and refreshments as well as keeping CPD up to date and any equipment needed. This program was previously called 'Winning Minds'.

Health & Wellbeing

Covers all areas of Health & Wellbeing, including GP referrals. This covers Derby North and Derby South which is where Derby County Community Trust get the funding from to cover an array of program's tailored to the individual funding also needed for training, facility hire, staff and day trips.

Team Talk

Funds twice a week mental health drop-in sessions. Funds are used to staff the sessions, facility hire and any refreshments.

HAF

The Holiday Programme allows school children, who would be unable to attend any coaching sessions, free places and a meal. Funds are used for staff, facility hire and a hot meal delivered to the facility.

16. Summary of funds

Summary of funds - current year

Designated funds
General funds
Restricted funds		 Balance at 1
July 2022
£
1,027,500
192,765
334,289
1,554,554		 Income
£
-
823,369
2,520,768
3,344,137		 Expenditure
£
(12,933)
(923,049)
(2,459,519)
(3,395,501)		 Transfers
in/out
£
(200,000)
419,650
(219,650)
-		 Balance at
30 June
2023
£
814,567
512,735
175,888
1,503,190

Summary of funds - prior year

Designated
funds
General funds
Restricted funds		 Balance at
1 July 2021
£
-
809,663
62,472
872,135		 Income
£
-
780,959
2,817,021
3,597,980		 Expenditure
£
-
(1,109,433)
(2,092,128)
(3,201,561)		 Transfers
in/out
£
1,027,500
(574,424)
(453,076)
-		 Gains/
(Losses)
£
-
286,000
-
286,000		 Balance at
30 June
2022
£
1,027,500
192,765
334,289
1,554,554

Page 31

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

17. Analysis of net assets between funds

Analysis of net assets between funds - current year

Tangible fixed assets
Current assets
Creditors due within one year
Total
Analysis of net assets between funds - prior year
Tangible fixed assets
Current assets
Creditors due within one year
Total		 Restricted
funds
2023
Unrestricted
funds
2023
£
£
-
26,697
340,918
1,700,049
(165,030)
(399,444)
175,888
1,327,302
Restricted
funds
2022
Unrestricted
funds
2022
£
£
-
25,956
536,369
1,639,407
(202,080)
(445,098)
334,289
1,220,265		 Total
funds
2023
£
26,697
2,040,967
(564,474)
1,503,190
Total
funds
2022
£
25,956
2,175,776
(647,178)
1,554,554

18. Reconciliation of net movement in funds to net cash flow from operating activities

Net income/expenditure for the year (as per Statement of Financial
Activities)
Adjustments for:
Depreciation charges
Defined benefit pension movement
Movement in creditors
Movement in debtors
Net cash provided by/(used in) operating activities		 2023
£
(51,364)
17,948
-
(82,704)
(24,619)
(140,739)		 2022
£
396,419
28,075
23,000
(78,346)
69,414
438,562

Page 32

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

19. Analysis of cash and cash equivalents

Cash and liquid investments
Total cash and cash equivalents		 2023
£
1,723,066
1,723,066		 2022
£
1,882,494
1,882,494

20. Analysis of changes in net debt

Cash at bank and in hand
Liquid investments		 At 1 July
2022
£
1,882,494
-
1,882,494		 Cash flows
£
(1,428,701)
1,269,273
(159,428)		 At 30 June
2023
£
453,793
1,269,273
1,723,066

21. Pension commitments

Derby County Community Trust previously participated in a Local Government Pension Scheme which was managed by Derbyshire Pension Fund which is a multi-employer defined benefit scheme. The scheme was administered for the benefit of Local Authority employees and other bodies and was managed in accordance with the Local Government Pension Scheme Regulations 1997 (as amended). The Charity terminated their participation as an employer in the scheme at the cessation date of 31 August 2022.

An actuarial valuation was undertaken which determined the value of assets against the liabilities of the Fund in respect of employees who were contributing members of the LGPS during the period of participation. The actuary determined that there was a deficit in the funding position of £19,000 as of the termination date. These costs were separately recharged to Derby County Community Trust.

Principal actuarial assumptions at the Balance Sheet date (expressed as weighted averages):

At 30 June At 30 June
2023 2022
% %
Discount rate 3.85
Future salary increases 3.35
Rate of increase for pensions in payment/inflation 2.65

Page 33

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

21. Pension commitments (continued)

At 30 June At 30 June
2023 2022
Years Years
Mortality rates (in years)
- for a male aged 65 now 21.1
- at 65 for a male aged 45 now 22.2
- for a female aged 65 now 23.8
- at 65 for a female aged 45 now 25.6

Sensitivity analysis

Discount rate -0.1%
Mortality assumption - 1 year increase
Increase in salaries +0.1%
Pensions in payment/inflation +0.1%
The charity's share of the assets in the scheme was:
Equities
Corporate bonds
Property
Cash and other liquid assets
Total fair value of assets		 At 30 June
2023
£
-
-
-
-
At 30 June
2023
£
-
-
-
-
-		 At 30 June
2022
£
10,000
12,000
2,000
9,000
At 30 June
2022
£
226,200
80,040
31,320
10,440
348,000

The actual return on scheme assets was £Nil (2022 - £6,000) .

Page 34

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

21. Pension commitments (continued)

The amounts recognised in the Statement of Financial Activities are as follows:

2023
£
Current service cost
-
Interest income
-
Interest cost
-
Benefit changes, gain/(loss) on curtailment and gain/(loss) on settlement
-
Deficit payment on termination
19,000
Total amount recognised in the Statement of Financial Activities
19,000
Movements in the present value of the defined benefit obligation were as follows:
2023
£
Opening defined benefit obligation
291,000
Contributions by scheme participants
-
Termination of scheme participation
(291,000)
Current service cost
-
Interest cost
-
Actuarial losses/(gains)
-
Closing defined benefit obligation
-
Movements in the fair value of the charity's share of scheme assets were as follows:
2023
£
Opening fair value of scheme assets
291,000
Interest income
-
Contributions by scheme participants
-
Termination of scheme participation
(291,000)
Contributions by employer
-
Actuarial (losses)/gains
-
Pension surplus not recognised
-
Closing fair value of scheme assets
-		 2022
£
18,000
(6,000)
18,000
(293,000)
-
(263,000)
2022
£
592,000
2,000
-
18,000
11,000
(332,000)
291,000
2022
£
329,000
6,000
2,000
-
29,000
(18,000)
(57,000)
291,000

Page 35

DERBY COUNTY COMMUNITY TRUST

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 30 June 2023

22. Operating lease commitments

At 30 June 2023 the charity had commitments to make future minimum lease payments under noncancellable operating leases as follows:

Not later than 1 year
Later than 1 year and not later than 5 years		 2023
£
71,646
96,616
168,262		 2022
£
57,964
110,000
167,964

23. Related party transactions

S Pearce is a member of the senior management team of Derby County Football Club, Stadia DCFC and DCFC Academy and a Trustee of DCCT. During the year the charity incurred expenses to the value of £198,253 (2022: £124,362) and received income to the value of £48,875 (2022: £37,595).

P Roberts is the Department for Education's Head of Delivery for the Derby Opportunity Area. During the year the charity received income of £150,000 via Derby City Council.

C Hart is a Cabinet Member for Health and Communities within Derbyshire County Council and is also a Trustee of DCCT. During the year the charity incurred expenses to the value of £20,128 (2022: £4,200) and received funding to the value of £50,000 (2022: £159,802).

T Harrison is Chief Executive for Safe & Sound and is also a Trustee of DCCT. During the year the charity received funding to the value of £7,500 (2022: £Nil) and incurred expenses to the value of £7,960 (2022: £57,140).

B Atwal is a partner at Smith Partnership Solicitors, who are the solicitors for the charity, and is also a Trustee of DCCT. DCCT do not pay for services provided by Smith Partnership Solicitors due to this. During the year the charity received sponsorship to the value of £3,625 (2022: £Nil).

R Morris is a founder of Friends of Derby 500 Club and is also a Trustee of DCCT. During the year the charity received income from the club to the value of £2,000 (2022: £Nil) and incurred expenses to the value of £1,025 (2022: £Nil).

24. Controlling party

The charity is controlled by the Board of Trustees.

Page 36