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2022-06-30-accounts

Company registration number: 07180620 Charity registration number: 1137275

Cambridge United Community Trust Ltd

previously known as

Cambridge United Youth and Community Trust (A company limited by guarantee)

Annual Report and Financial Statements

for the Year Ended 30 June 2022

Burdett King Accountancy Limited

Cambridge United Community Trust Ltd

(previously known as Cambridge United Youth and Community Trust)

Contents

Reference and Administrative Details 1
Trustees' Report 2 to 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 to 15

Cambridge United Community Trust Ltd

(previously known as Cambridge United Youth and Community Trust)

Reference and Administrative Details

Trustees Mr J J C Bell Mr D G Daniels Ms J Goodall Mr J Hill Mrs J D Horsfield (resigned 13 October 2022) Mr C H Loch Mr I P Mather (resigned 13 October 2022) Mr S C Munday CBE Mr P J Schofield Mr M R Winn Charity Registration Number 1137275 Company Registration Number 07180620 Registered Office The Abbey Stadium Newmarket Road Cambridge CB5 8LN Independent Examiner Burdett King Accountancy Limited

Page 1

Cambridge United Community Trust Ltd

(previously known as Cambridge United Youth and Community Trust)

Trustees' Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 30 June 2022.

Trustees and officers

The trustees and officers serving during the year and since the year end were as follows:

Trustees: Mr J J C Bell Mr D G Daniels Ms J Goodall Mr J Hill Mrs J D Horsfield (resigned 13 October 2022) Mr C H Loch Mr I P Mather (resigned 13 October 2022) Mr S C Munday CBE Mr P J Schofield Mr M R Winn (appointed 13 October 2022)

Trustees' Report

Throughout the 2021-2022 financial year, Cambridge United Community Trust (CUCT) developed its presence in the community, and in September launched “At the Heart of Our Community:” a strategic plan for the next three years.

The strategic document detailed how we plan to tackle the social, health and educational challenges that exist within Cambridge and the surrounding areas and how we would create tangible, measurable change over the next 3 years.

This year, we have set out on this journey to navigate a route out of the pandemic and build a healthier and more equal place with strong community cohesion at the core. We have engaged with over 9,000 people across the year from age 3-90, with a particular focus on challenging inequality in all its forms. The Community Trust staff team has grown this year from 14 to 25, allowing us to respond to the level of need we are seeing within our community, across multiple different areas. At the end of the year, we released our second Impact Report: “Not Just a Saturday Afternoon” highlighting the difference we made within our community and the stories of people whose lives have been positively impacted by the Community Trust.

Community Engagement

Focus One: To combat social isolation amongst seniors.

We continued to deliver our Forever United programme, providing a range of activities across Cambridge including Wellbeing Walks, Seniors Lunches, Dementia Sports Cafés, Walking Football sessions and 1-1 sessions to over 375 seniors in our community. 2% of our Forever United participants reported feeling lonely often or always which is lower than national and local averages. The programme also supports people’s confidence with one senior saying: “I am starting to be more confident and feel that after a very long time of very negative feelings and thoughts that I can see light at the end of the tunnel.

Page 2

Cambridge United Community Trust Ltd

(previously known as Cambridge United Youth and Community Trust)

Trustees' Report

Focus Two: To create safer environments for young people to aspire to fulfil their potential. Over 300 people this year attended our youth work programmes, supported by Premier League Charitable Fund. They are aimed at anyone aged 8-18 living in Cambridge, and are free, turn up and play sport sessions that currently take place in Orchard Park, Arbury, Abbey and Trumpington. Working with partners such as Abbey People, Romsey Mill, City Council as well as local Christian and Muslim faith communities: more young people in our community have been given opportunities to engage with positive role models and take part in constructive activities.

Education & Skills

Focus One: To improve engagement, confidence and attainment in primary schools.

Throughout this past year, our primary schools work has focused in on boosting the level of engagement in lessons from students, utilising sport as a non-traditional educational tool. Our Active Science programme in partnership with AstraZeneca and our Aspiration programme in partnership with Marshall Skills Academy have been crucial to increasing engagement in STEM subjects through sport, engaging over 800 students in cross-curricular projects of this nature. We also delivered over 5,000 hours of physical education lessons to over 7,100 students.

Focus Two: To create safer environments for young people to aspire to fulfil their potential. Our second aim with our Education & Skills programmes is to reduce the skills gap in our community and reduce barriers for future employment. Utilising funding from the Department of Work & Pensions Kickstart Scheme, we created three new jobs for 16-24 year-olds on Universal Credit who were at risk of long term unemployment. All three found employment with us or another employer after the 6-month programme. We also began our delivery of the University of South Wales Coaching Football Degree programme, with three students undertaking the degree and passing the first year.

Inclusion

Focus One: To promote equality, diversity and inclusion in our community.

This year, we partnered with PicturePath, who support individuals with additional needs, to introduce a visual visitor guide for supporters with an aim to help reduce anxiety for children and adults with special educational needs. We also delivered 13 anti-discrimination and 18 anti-bullying assemblies with a focus on Celebrating Diversity in schools, football and the wider community.

Focus Two: to reduce barriers for people to participate in physical activity.

With the ongoing support of partners including HSBC, Irwin Mitchell and Production Bureau, as well as a couple of significant donations, we have developed our award-winning disability programme, in conjunction with the participants, to cater for 10 various impairments ensuring there are accessible football opportunities for all to enjoy. This year, we delivered a record-breaking 742 disability football sessions with 3879 attendances across them. There were 214 individual participants heading along to sessions and 91% felt the activity was positive or very positive for their sense of community.

Page 3

Cambridge United Community Trust Ltd

(previously known as Cambridge United Youth and Community Trust)

Trustees' Report

Wellbeing

Focus One: To promote positive physical and mental health.

This year, we were able to return to secondary schools to deliver much of our mental health work face to face. Indeed, 622 pupils completed our six-week Mind Your Head mental health awareness programme. A new area for us this year was an increased level of provision for those in alternative provision (AP) and special education needs (SEN) schools. We delivered 200 physical & mental health focused sessions within AP & SEN schools and supported 56 pupils through targeted 1-1 and small group mentoring work.

Focus Two: To empower people to live healthier lifestyles.

Our work targeting health inequalities within Cambridge was marked as a specific priority for us, as we looked to build back better after the pandemic. 78 men attended our weight management programme this year and we strived to create real community across all our Wellbeing sessions. We measured a 4.6% increase in confidence and a 26% reduction in anxiety after 3 months of engagement with the Trust. One of the men attending said this: “I feel more confident in how I look and feel and enjoy spending time with like-minded people.”

In all our work, we exist to serve the local community by utilising the power of sport and the passion that people feel for Cambridge United Football Club. The trustees are keen to note their thanks for the Community Trust staff and volunteers, whose relentless drive to see lives changed has been at the heart of the impact seen this year. We also want to pay thanks to key partners & stakeholders without whom this work would not have been possible. With particular thanks to Cambridge United Football Club, English Football League Trust, Premier League Charitable Fund, Professional Footballers’ Association, Cambridge City Council, Cambridgeshire County Council, Marshall Group & AstraZeneca.

Page 4

Cambridge United Community Trust Ltd

(previously known as Cambridge United Youth and Community Trust)

Trustees' Report

Statement of trustees' responsibilities

The trustees (who are also the directors of Cambridge United Community Trust Ltd 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), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them 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 for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The annual report was approved by the trustees of the charity on 19 January 2023 and signed on its behalf by:

......................................... Mr D G Daniels Trustee

Page 5

Cambridge United Community Trust Ltd

(previously known as Cambridge United Youth and Community Trust)

Statement of Financial Activities for the Year Ended 30 June 2022 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and grants
3
Charitable activities
4
Total income
Expenditure on:
Charitable activities
5
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
16
Note
Income and Endowments from:
Donations and grants
3
Charitable activities
4
Other income
Total income
Expenditure on:
Charitable activities
5
Total expenditure
Net income/(expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
16		 Unrestricted
funds
£
135,059
195,613
330,672
(303,279)
(303,279)
27,393
27,393
102,456
129,849
Unrestricted
funds
£
75,889
76,955
26,366
179,210
(174,564)
(174,564)
4,646
(4,400)
246
102,210
102,456		 Restricted
funds
£
181,674
-
181,674
(180,964)
(180,964)
710
710
-
710
Restricted
funds
£
106,315
1,600
-
107,915
(112,315)
(112,315)
(4,400)
4,400
-
-
-		 Total
2022
£
316,733
195,613
512,346
(484,243)
(484,243)
28,103
28,103
102,456
130,559
Total
2021
£
182,204
78,555
26,366
287,125
(286,879)
(286,879)
246
-
246
102,210
102,456

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2021 is shown in note 16.

The notes on pages 8 to 15 form an integral part of these financial statements. Page 6

Cambridge United Community Trust Ltd

(previously known as Cambridge United Youth and Community Trust)

(Registration number: 07180620) Balance Sheet as at 30 June 2022

Note
Fixed assets
Tangible assets
11
Current assets
Debtors
12
Cash at bank and in hand
13
Creditors: Amounts falling due within one year
14
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
Unrestricted income funds
Unrestricted funds
Total funds
16		 2022
£
1,932
48,509
112,230
160,739
(32,112)
128,627
130,559
710
129,849
130,559		 2021
£
1,188
25,294
100,499
125,793
(24,525)
101,268
102,456
-
102,456
102,456

For the financial year ending 30 June 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements on pages 6 to 15 were approved by the trustees, and authorised for issue on 19 January 2023 and signed on their behalf by:

......................................... Mr D G Daniels Trustee

The notes on pages 8 to 15 form an integral part of these financial statements. Page 7

Cambridge United Community Trust Ltd

(previously known as Cambridge United Youth and Community Trust)

Notes to the Financial Statements for the Year Ended 30 June 2022

1 Charity status

The charity is limited by guarantee, incorporated in , and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £Nil towards the assets of the charity in the event of liquidation.

The address of its registered office is: The Abbey Stadium Newmarket Road Cambridge CB5 8LN

These financial statements were authorised for issue by the trustees on 19 January 2023.

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with 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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

Cambridge United Community Trust Ltd 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 notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Income and endowments

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 the income receivable can be measured reliably.

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Page 8

Cambridge United Community Trust Ltd

(previously known as Cambridge United Youth and Community Trust)

Notes to the Financial Statements for the Year Ended 30 June 2022

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Deferred income

Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when:

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £0.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Page 9

Cambridge United Community Trust Ltd

(previously known as Cambridge United Youth and Community Trust)

Notes to the Financial Statements for the Year Ended 30 June 2022

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Page 10

Cambridge United Community Trust Ltd

(previously known as Cambridge United Youth and Community Trust)

Notes to the Financial Statements for the Year Ended 30 June 2022

3 Income from donations and grants

Donations and grants;
Donations from individuals
Gift aid reclaimed
Grants, including capital grants;
Grants from other charities
Total for 2022
Total for 2021		 Unrestricted
funds
General
£
89,689
2,870
42,500
135,059
75,889		 Restricted
funds
£
-
-
181,674
181,674
106,315		 Total
funds
£
89,689
2,870
224,174
316,733
182,204

4 Income from charitable activities

Schools income
Sponsorship
Total for 2022
Total for 2021		 Unrestricted
funds
General
£
159,813
35,800
195,613
76,955		 Restricted
funds
£
-
-
-
1,600		 Total
funds
£
Total
funds
£
159,813
35,800
195,613
78,555

5 Expenditure on charitable activities

Unrestricted

Direct expenses
Direct wages
Event costs
Total for 2022
Total for 2021		 funds
General
£
54,733
233,468
15,077
303,278
174,546		 Restricted
funds
£
21,589
123,785
35,590
180,964
112,315		 Total
funds
£
76,322
357,253
50,667
484,242
286,861

Page 11

Cambridge United Community Trust Ltd

(previously known as Cambridge United Youth and Community Trust)

Notes to the Financial Statements for the Year Ended 30 June 2022

In addition to the expenditure analysed above, there are also governance costs of £575 (2021 - £575) which relate directly to charitable activities. See note 6 for further details.

6 Analysis of governance and support costs

Governance costs

Independent examiner fees
Examination of the financial statements
Total for 2022
Total for 2021		 Unrestricted
funds
General
£
575
575
575		 Total
funds
£
575
575
575

7 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

8 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were:
Social security costs		 2022
£
23,999		 2021
£
15,529

No employee received emoluments of more than £60,000 during the year.

9 Independent examiner's remuneration

9
Independent examiner's remuneration
2022 2021
£ £
Examination of the financial statements 575 575

Page 12

Cambridge United Community Trust Ltd

(previously known as Cambridge United Youth and Community Trust)

Notes to the Financial Statements for the Year Ended 30 June 2022

10 Taxation

The charity is a registered charity and is therefore exempt from taxation.

11 Tangible fixed assets

11 Tangible fixed assets
Cost
At 1 July 2021
Additions
At 30 June 2022
Depreciation
At 1 July 2021
Charge for the year
At 30 June 2022
Net book value
At 30 June 2022
At 30 June 2021
12 Debtors
Trade debtors
Prepayments
Accrued income
Other debtors
13 Cash and cash equivalents
Cash at bank		 Furniture and
equipment
£
3,786
2,206
5,992
2,598
1,462
4,060
1,932
1,188
2022
£
14,859
2,148
31,452
50
48,509
2022
£
112,230		 Total
£
3,786
2,206
5,992
2,598
1,462
4,060
1,932
1,188
2021
£
12,071
728
11,932
563
5,992
2,598
1,462
4,060
1,932
1,188
2022
£
14,859
2,148
31,452
50
48,509
2022
£
112,230
25,294
2021
£
100,499

Page 13

Cambridge United Community Trust Ltd

(previously known as Cambridge United Youth and Community Trust)

Notes to the Financial Statements for the Year Ended 30 June 2022

14 Creditors: amounts falling due within one year

Trade creditors
Other taxation and social security
Other creditors
Accruals
Deferred income		 2022
£
8,968
7,438
953
753
14,000
32,112		 2021
£
11,643
2,839
687
356
9,000
24,525

15 Pension and other schemes

Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £Nil (2021 - £Nil).

16 Funds

Unrestricted funds
General
Restricted funds
Total funds
Unrestricted funds
General
Restricted funds
Total funds		 Balance at 1
July 2021
£
Incoming
resources
£
Resources
expended
£
Balance at 30
June 2022
£
102,456
330,672
(303,279)
129,849
-
181,674
(180,964)
710
102,456
512,346
(484,243)
130,559
Balance at 1
July 2020
£
Incoming
resources
£
Resources
expended
£
Transfers
£
Balance at
30 June
2021
£
102,210
179,210
(174,564)
(4,400)
102,456
-
107,915
(112,315)
4,400
-
102,210
287,125
(286,879)
-
102,456		 Balance at 30
June 2022
£
129,849
710		 Balance at 30
June 2022
£
129,849
710
130,559
Balance at
30 June
2021
£
102,456
-
102,456

Page 14

Cambridge United Community Trust Ltd

(previously known as Cambridge United Youth and Community Trust)

Notes to the Financial Statements for the Year Ended 30 June 2022

17 Analysis of net assets between funds

17 Analysis of net assets between funds
Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets
18 Analysis of net funds
Cash at bank and in hand
Net debt
Cash at bank and in hand
Net debt		 Unrestricted
funds
General
£
1,932
160,739
(32,112)
130,559
Unrestricted
funds
General
£
1,188
125,793
(24,525)
102,456
At 1 July 2021
£
100,499
100,499
At 1 July 2020
£
86,388
86,388		 Total funds at
30 June
2022
£
1,932
160,739
(32,112)
130,559
Total funds at
30 June
2021
£
1,188
125,793
(24,525)
102,456
At 30 June
2022
£
100,499
100,499
At 30 June
2021
£
86,388
86,388

Page 15