Charity Registration No. 1139561
Company Registration No. 07395235 (England and Wales)
NOThINGHAM FOREST COMMUNITY TRUST
TRUSTEES, REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2020

NOTTINGHAM FOREST COMMUNITY TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Karen Frankland - chair
Colin Morrell
Oonagh Turnbull
Nicholas Randall Q.C.
Alison Hands
Judith Lyons
Iqbal Sanghera
Chlef executive
Graham Moran
Chlef operating officer
Calum Osborne
Secretary
Calum Osborne
Patrons
Sir John Peace
John McGovem
Sir David Greenaway
Charity number
1139561
Company number
07395235
Reglstered and principal office
The City Ground
Pavilion Road
West Brid8ford
Nottingham
NG2 5FJ
Auditor
UHY Hacker Young
14 Park Row
Nottingham
NGI 6GR
Bankers
Natwest 8ank plc
148-149 Victoria Centre
Nottingham
NGI 3QT
Solicitors
Browne Jacobson LLP
Mowbray House
Castle Meadow Road
Nottingham
NG2 IW

NO￿INGHAm FOREST COMMUNITY TRUST
CONTENTS
Page
Trustees. report
Statement of trustees, responsibilities
Independent auditorfs report
9-12
Statement of financlal activities
13
Balance sheet
14
Statement of cash flows
15
Notes to the accounts
16-29

NOThINGHAM FOREST COMMUNITY TRUST
TRUSTEE5' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2020
The trustees are pleased to present their report and accounts for the year ended 31 December
2020.
The accounts have been prepared in accordance with the accountin8 policies set out in note I
to the accounts and comply with the charitrfs memorandum and articles of association, the
Charities Act 2011. the Companies Act 2011. the second edition of the Charities Statement of
Recommended Practice issued In October 2019, and the Financial Reporting Standard
applicable in the United Kin8dom and Republic of Ireland (FRS 102).
Structure. governance and mana8ement
The charity is a company limited by guarantee. incorporated on 4 October 2010 and registered
th
as a charity on 29 December 2010.
The trustees, who are also the directors for the purpose of company law. who served during
the year and since the year end were..
Karen Frankland
Colin Morrell
Oonagh Turnbull
Nicholas Randall Q.C.
Alison Hands
Judith Lyons
Iqbal Sanghera
None of the trustees have any beneficial interest in the company. All trustees are member5 of
the companyand guarantee to contribute £10 each in the eventof a winding up. In accordance
with the articles of association Karen Frankland and Alison Hands retire by rotation and offer
themselves for reappointment. The chariVs articles of association require that a trustee
appointed by a resolution of the other trustees must retire at the next annual general meeting.
In addition, at every annual general meeting one third of the trustees, or the number nearest
to one third. must retire from office. The trustees to retire by rotation are those who have been
longest in office since their last appointment.
Trustees are given an appropriate level of induction and training. This Is dependent on the
individual's requirements and knowledge of the charivs activities. All trustees are reminded
of their statutory obligations and given appropriate guidance and training on their
responsibilities as trustees. The trustees have the objective of seeking to develop a board with
appropriate skills, experience and diversity representatlve of the issues and areas in which the

NOThINGHAM FORESTCOMMUNITYTRUST
charity operate5. Any such changes to the board will continue over time but all appointments
will be based on merit.
As part of their regular review of the board's skills and experience, the trustees appoint
number of advisors to the board. Board advisors bring distinctive knowledge on different
a5pect5 of the charity's operations to complement the existing trustees. Board advisors are not
trustees and have no responsibilities as such. During the period the follow•ng have served as
board advisors=
ecialist area
Health
Equalities education and Professional
Footballers Association representative
Sport and Leisure management
Sir David Nicholson
Jason Lee
Sarah Retzlaff
The charity is privileged to be supported by a number of patrons. Patrons add prestige and
lend credibility to an organisation and the board would like to place on record their
appreciation of the support they receive from our current patrons..
Sir John Peace
Sir David Greenaway
John McGovern
The board meets five times a year. During 2020 the finance committee met bi-monthly to
consider the management accounts and the remuneration committee met once to review the
staff pay and conditions and to ensure that all salaries are fair. benchmarked and proportionate
with the complexity of each role. The Trust also has a Governance. Compliance and People
committee and an Innovation, Impact, Equality, Diversity and Inclusion committee which
ensure the Trust is continually looking at ways of making a greater impact in the communities
where we work and developing new ideas in line with the charitws objectives that rnake a
lasting impart and create long term value. The board approve5 the membership of and terms
of reference for all committees. The chief executive has delegated authority over operational
matter5 and the terms of delegation are reviewed and approved annually by trustees.
Under the memorandum and articles of association, the charity has the power to make any
investment which the twstees see fit.
The trustees have developed a comprehensive business risk register which is reviewed at least
quarterly. The trustees are satisfied that system5 are in place to mitigate exposure to the major
risks.
External risks to fundin8 have led to the development of a strategic plan which will allow for
diversification of funding and activities. Internal risks are minimised by the implementation of
procedures for authorisation of all transactions and projects and to ensure consistent quality

NOTTINGHAM FOREST COMMUNITY TRUST
of delivery for all operational aspects of the charitable company. Given the nature of the
charity's activities, including working with many young people, great ernphasis is placed on the
quality of the charitVs recruitment, employment, trainin& health and safety and safeguardin8
policies and procedures. One of the trustees has specific responsibility for overseeing the
charivs safeguarding policy and procedures and reports to the board at every meeting. These
procedures are periodically reviewed to ensure that they meet the needs of the charity.
Nottingham Forest Community Trust has now mapped its governance processes against the
Charity Govemance Code. and is usingthe Codeto SUPPOrtcontinuous improvement. TheTrust
measures its progress against the Code by using the seven principles included within the Code
to inform the work of the Board.
Key management personnel remuneration
The trustees consider key management personnel to consist of the board of trustees. the chief
executive and senior management personnel who report to the board of trustees. All trustees
give their time freely and no trnstee remuneration was paid in the year. Details of trustee
expenses and related party transaction5 are disclosed in notes 8 and 15 to the accounts.
Trustees are required to disclose all relevant interests and register them with the chief
executive and in accordance with the Trust's policy withdraw from decisions where a conflict
of interest arises. The pay of the senior management personnel is reviewed annually and
normally increased in accordance with average earnings and set at market rates.
remuneration is also bench-marked with charities of a similar size and artivity to ensure that
the remuneration set is fair and not out of line with that generally paid for similar roles.
Objectives and activities
Nottingham Forest Community Trust delivers high quality football, physical activity and
education programmes to people of all ages and abilities in Nottingham and across the county.
Other charitable seNces may be delivered at the ab501ute discretion of the trustees as they
see fit. The charity's main objectives and activities are:
Improving levels of health, fitness and wellbeing.
Developing recreational and competitive football opportunities at all levels.
Enga8ing people from all communities and backgrounds in socially inclusive activitv.
Driving up the participation in sport and physical activity.
Improving academic attainment.
Achlevements
The charity has grown significantly since its launch in October 2010, including both the range
and diversity of programmes delivered and the development of a highly skilled. experienced
and qualified workforce.

NOTnNGHAM FOREST COMMUNITYTRUST
The trustees are particularly delighted with the excellent relationship which has developed wlth
the owners of Nottingham Forest Football Club. In particular the trustees would like to again
thank the football club for the very generous donation in the year of £78.570. During the year
we have signed a new service level agreement with the football club which includes a number
of exciting joint initiatives aimed at some of the most disadvantaged members of society.
In 2020 the Covid pandemic had a significant impart on many of our programmes, but we are
delighted to have still achieved high levels of performance operationally. A number of Covid
related specific initiatives were also undertaken. The highlights of the year were:
Young people engaged in outdoor Covid safe football - 224 sessions, 672 hours of
delivery and 1,854 participants.
Young people engaged in Violence Reduction programmes- 120 sessions. 480 hours of
delivery. 140 participants.
Primary school sessions- 100 sessions, 480 hours of provision, 3,025 children
participatin& 41 teachers participated in on-line training.
Tricky to Talk mental wellbeing programme- 33 sessions delivered. 99 hours of
delivery, 11 participants, 20 on-line sessions delivered.
Community support I Covid-19 specificl- 256 hours of delivery. 160.000 food and
essential household products procured and delivered to local charities. 140,IXIO items
of essential PPE equipment delivered to NHS medical centres & CareHomes. 1,000
tennis rackets procured and delivered to local families to encourage healthy exercise.
150 Forest Forces veterans supported via phone calls and socially distanced visits.
Post 16 Education courses- 840 hours of delivery, 140 sessbons. 60 students
participating
Oream Big programme- 109 Primary schools participated. 31,595 pupils engaged in
the programme
Forest Soccer Schools- 50 days. 350 hours of delivery, 1,000 boys and girls taken part.
Summary Total hours of community support programmes 33.286. total number of
sessions delivered 799, total number of participants 39,985, total number of PPE. food.
household items procured and delivered 301.000.
Publlc benefit statement
The acti¥yties that the charity has undertaken to further its charitable purposes for the public
benefit are stated within the objectives and activities of the charity.
The trustees consider that they have complied with their duties under section 17 of the
Charities Act 2011 to have due regard to public benefit guidance published by the Charities
Commission.

NOTTINGHAM FOREST COMMUNITYTRUST
Flnanclal review
The Charity has been impacted both financially and operationally by the Covid pandemic since
the first lockdown was enforced in March 2020. The effect on the Charity's income generation
has been as follows:
During lockdown periods there was a complete loss of income from delivery
programmes where fees are received from participants attendin8 face to face coaching
sessions.
The Forest Sports Zone facility was closed to all or significantly all activities during
lockdown periods.
Other pro8rammes were affected to varying degrees but the Charity have taken a positive and
pro-artive approach to the changes required to continue delivery of existing programmes and
have adapted the methods of delivery to meet the guidelines set out by the Government.
Additionally. the Charity has taken on the delivery of new services that have supported the
changing priorities of our local community during the COVID-19 period, and we are very pleased
that this has been 5UPPOrted by our funders.
The financial impact of the pandemic has been mitigated by the grants received from the
Government and the furlough scheme with up to 52% of the Charitvs staff having been
furloughed. Additionally, the business interruption insurance poliry the Charity has in place
covered the1055 of income from the Forest Sports Zone facility for part of the year.
The highlights of the year were as follows:
The charity made an overall surplus of £168,181 (2019: deficit of £16.200)
Our total income for the year was El.293.58612019'. £1,210,277).
The Forest Sports Zone recorded income in the year of £193.66312019- £217.806) and
a8ain made a small surplus.
Our education programmes had a stable year with continued success in our BTEC
programmes and strong participation again in our Premier League Primary Stars offer.
Our inclusion programmes showed good growth overall, in particular building on the
Police and Crime Commissioner programmes.
There has once again been a very positive relationship with Nottingham Forest Football
Club and we were verygrateful forthe generous donations which amongst otherthings,
enable us to deliverthe hu8ely popular and successful Dream Big pro8ramme to primary
schools across the county.
We were awarded a donation of £l(K>.000 by Barclays Bank PIC to support our local
communities throughout the 2020 Covid-19 emergency period. This allowed us to
deliver a wide range of projects including the provision of food and physical activity to
those in the greatest need, the delivery of personal protectlon equipment to
Nottingham's NHS medical centres and to support learning for the children of essential
care workers.

NOThINGHAM FOREST COMMUNITY TRUST
Participant funded and football development programmes both saw decreases in the
vear as they were significantly impacted by Covid restrictions as indicated above. There
was also less Premier League funding going into these categories but a stable level of
Premier League fundlng overall.
In 2020, the charity exceeded the level of unrestricted reserves required by its minimum
reserves policy. At the end of the year the board agreed to designate £138.815 of the
unrestricted reserves towards expanding areas within the charity including innovation,
marketin& infrastructure, football development in primary schools and capital
investment.
Future Outlook
The ongoing uncertainties resulting from the Covid pandemic remain a continuing challenge
and the Board regularly reassesses the likely impact on the Charitrfs operations and finances.
While the Charitws funders have remained supportive during the Covid period there are likely
to be some changes in levels of funding in the short to medium term which may result in a loss
of revenue. Equallythere are also a number of newopportunities forthe Charity to be involved
with and additional resources have been made available to ensure that the most is made of
these.
We have agreed a new apprenticeship progiamme opportunity for 14-16 year olds which is
receiving significant investment from Nottingham based Tech company Ideagen. This schools-
based initiative will develop over a 5-year period and provide exciting opportunities for long
term large scale 5UStainable employment in the Tech industryfor young people.
The Charity is in a strong financial position at the end of 2020 and by remaining proactive and
flexible will be in a good position to deal with the challenges it faces and will strive to continue
to achieve maximum impact in the local communtties where we work.
Reserves polity
It is the policy of the charity that unrestricted funds. which have not been designated for a
specific use, should be maintained at a level equivalent to a half of annual recurring
expenditure. The trustees consider that reserves at this level will ensure that, in the event of
significant drop in funding, they will be able to continue the charity's current activities while
consideration is also given to ways in which additional funds can be raised. Unrestricted f unds
per note 17 at 31 December 2020 are £563,799 and our estimate of 6 months recurring
expenditure is £329,325. The board are pleased to report that the charity maintained its
minimum level of reserves throughout 2020. There is £171,315 in a designated fund to expand
areas within the charity including innovation. marketing, infrastructure, football development
in primary schools and capital investment (see note 17).
When setting the reserves policy for unrestricted funds the trustees are mindful of the fact that
some restricted activities require the use of unrestricted funds in the short term. Funding for

NOTTINGHAM FOREST COMMUNITY TRUST
restricted activities is sometimes received after the activity has been completed and
expenditure will initially have been met from unrestricted funds.
Asset cover for funds
Note 18 sets out an analysis of the asset5 attributable to the various funds and a description of
the funds is set out in note 1.2. These assets are sufficient to meet the charity's obligations on
a fund byfund basis.
Disclosure of inforniatlon to auditor
Each of the directors has confirmed that there is no information of which they are aware which
is relevant to the audit, but of which the auditor is unaware. They have further confirmed that
they have taken appropriate steps to identify such relevant information and to establish that
the auditors are aware of such information.
In preparing this report, the directors have taken advantage of the small companies.
exemptions provided by section 415A of the Companies Act 2006.
Finally, we would like to fornially thank all our funders for their continuing support and our
staff for their dedication and hard work during the year.
Approved by the Board of Trustees and signed on its behalf by
K Frankland,
Trustee and chair
Dated: 24 September 2021

NOTTINGHAM FOREST COMMUNITY TRUST
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees (who are also directors of Nottingham Forest Community Trust for the purposes
of company law) are responsible for preparing the Trustees, Annual Report and the financial
statements in accordance with applicable law and United Kingdom Accounting Standards
{United Kingdom Generally Accepted Accounting Prarticel.
Company law requires the trustees to prepare financial statements for each financial year.
which give a true and fair view of the state of affair5 of the charitable company and of the
incoming resources and application of resources. including the income and expenditure, of the
charitable company for that period. In preparing these financial statements, the trustees are
required to..
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP 2015 IFRS 1021;
make judgements and accounting estimates that are reasonable and prudent-
state whether applicable UK Accounting Standards have been followed, subject to
any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is
inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping adequate accounting records that 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 takin8
reasonable step5 for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware-.
there is no relevant audit information of which the charitable companrfs auditor is
unaware,. and
the tru5tee5 have taken all steps that they ought to have taken to make themselves
aware of any relevant audit information and to establish that the auditor is aware
of that information.

NOTTINGHAM FOREST COMMUNITY TRUST
INDEPENDENT AUDITOR'S REPORTTO THE MEMBERS OF
NOTTINGHAM FOREST COMMUNITY TRUST
We have audited the financial statements of Nottingham Forest Community Trust (the
'charitable companW) for the year ended 31 December 2020 which comprise the Statement of
Financial Artivities including Income and Expenditure Account, the Balance Sheet. the
Statement of Cash Flows and notes to the financial statements. 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 Iunited Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
give a true and fair view of the state of the charitable companvs affairs as at 31 December
2020. and of Its incoming resources and application of resources, including its income and
expenditure, forthe year then ended.
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice. and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing {UKI11SAs (UK))
and applicable law. Our responsibilities under those standards are further described in the
Auditor's 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 UK, including the FRC'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.
Concluslons relatlng to golng 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 statement 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 companws 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.

NOThINGHAM FOREST COMMUNITY TRUST
Other infomiatlon
The trustees are responsible for the other information. The other information comprise5 the
information included in the trustees. annual report, other than the financial statements and
our auditorfs report thereon. Our opinion on the financial Statements does not coverthe other
information and, except to the extent otherwise explicitly stated in our report, we do not
express any form of assurance conclusion thereon.
In connertion with our audit of the financial statements. 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 audit or otherwise appears to
be materially misstated. If we identify such material inconsistencies or apparent material
misstatements. we are required to determine whether there is a material misstatement in the
financial statements or a material misstatement of the other information. If. based on the work
we have performed. we conclude that there is a material mi55tatement of this Other
infoTmation. we are required to report that fact.
We have nothing to report in this regard.
Opinion on other matter5 prescribed by the Companies Att 2006
In our opinion based on the work undertaken in the course of the audit..
the information given in the Trustees. Annual Report for the financial year for which the
financial statements are prepared is consistent with the financial Statements; and
the Trustees Annual Report has been prepared in accordan￿ with applicable legal
requirements.
Matters on whlch we are required tt> report by exception
In the light of our knowledge and understanding of the company and its environment
obtained in the course of the audit. we have not identified material mi55tatements in the
Trustees Annual Report.
We have nothing to report in respect of the following matters where the Companie5 Act 2006
requires us to report to you if, in our opinion:
adequate accounting records have not been kept or returns adequate for our audit have
not been received from branches not visited by us- or
the financial statements are not in agreement with the accounting record5 and return5; or
certain disclosures of trustees, remuneration specified by law are not made,. or
we have not received all the information and explanations we Yequire for our audit; or
the trustees were not entitled to prepare the financial statements in accordance with the
small companies regimeand take advantageof the small companies exemption in preparing
the directors. report and take advantage of the small companie5 exemption from the
requirement to prepare a strategic report.
io

NOThINGHAM FOREST COMMUNITYTRUST
Responsibilities of trustees
As explained more fully in the Tru5tees' Re5pon5ibilities Statement set out on page 8, the
trustee5 Iwho are also the directors of the charitable company for the purposes of company
lawl are responsible for the preparation of the financial statements and for being satisfied that
they 8ive a true and fair view. and for such internal control as the directors determine is
necessary to enable the preparation of financial statements that are free from materlal
misstatement, whether due to fraud or error.
In preparing the financial statements. the trustees are responsible for assessing the company's
ability to continue a5 a going concern, disclosin& as applicable. matters related to going
concern and using the going concern basis of accounting unless the directors either intend to
liquidate the company or to cease operations, or have no realistic alternative but to do so.
Auditorfs responslbllitles for the audlt of the financlal statements
Our objectives are to obtain reasonable assuran￿ about whether the financial statements as
a whole are free from material misstatement. whether due to fraud or error. and to issue an
auditorfs 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
onsidered material if, individually or in the aggregate. they could reasonably be expetted to
influence the economic decisions of users taken on the basis of these financial statements
Irregularities. induding fraud. are instances of non-compliance with law5 and regulations. We
design procedures in line with our responsibilities. outlined above. to detect material
misstatements in respect of irregularities, includin8 fraud. The extent to which our procedures
are capable of detecting irregularities. including fraud is detailed below..
Based on our understanding of the charitable company and the industry in which it operates,
we identified that the principal risks of non-compliance with laws and regulations related to
the acts by the charitable company. which were contrary to applicable laws and regulations
including fraud, and we considered the extent to which non-compliance might have a material
effect on the financial statements. We also considered those laws and regulations that have a
direct impact on the preparation of the financial statements such as the Companies Act 2006.
We evaluated management's incentives and opportunities for fraudulent manipulation of the
financial statements (including the risk of override of controls), and determined that the
principal risks were related to inflated revenue and the charitable compan)Ks net income for
the year.
Audit procedures perforrned included: review of the financial statement disc105ures to
underlying supporting documentation, review of correspondence with and reports to the
regulators, including correspondence with the Charity Commission. review of correspondence
with legal advisors. enouiries of management. and testing of journals and evaluating whether
li

NOTTINGHAM FOREST COMMUNITYTRUST
there was evidence of bias by the trustees that represented a risk of material misstatement
due to fraud.
There are inherent limitations in the audit procedures described above and the further
removed non-compliance with laws and regulations is from the events and transactions
reflected in the financial statements. the less likely we would become aware of it. Also, the risk
of not detecting a material misstatement due to fraud is higher than the risk of not detecting
one resulting from error, as fraud may involve deliberate concealment by, for example, forgery
or intentional misrepresentations. or through collusion.
A further description of our responsibilities for the audit of the financial statements is located
on the Financial Reporting Council's website at= htlpJlw￿.fT¢.Org.ukJaud11OTsreSPQnsIblI11Ies. This
description forms part of our auditorfs report.
Use of our report
This report is made solely to the charitable companrfs 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 mi8ht State to the charitable company's members those matters we are required to state
to them in an auditorfs 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
the charitable company's members as a body. for our audit work. for this report. or for the
opinions we have formed.
27 September 2021
Roger Merchant (Senior Statutory Auditor)
For and on behalf of UHY Hacker Young LLP, Statutory Auditor
14 Park Row
Nottingham
NGI 6GR
12

NOTTINGHAM FOREST COMMUNITY TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR TO 310ECEMBER 2020
Unrestricted Restrirted
funds
funds
Total
2020
Total
2019
Notes
Incomln
resources from
enerated funds
Donations and legaoes
Charitable activities
Investment income
Other income
Total incoming resources
178.915
499,796
3.235
93.605
775,551
178,915
249,014
494.172 993,968
934,079
3,235
7.280
23.863
117,468
19,904
518,035 1.293.586 1,210,277
Resources ex
ended
Charitable activities
Activities within the
community
Support costs
Total resources expended
559.860
507.112 1.066.972 1,165,553
39.347
599.207
19.086
58.433
60,924
526.198 1.125.405 1,226,477
Net Ideficit)/surplus for
the year before transfers
Transfers between funds
Net {deficit)/surplus for
the year
176.344
(8.163)
168,181 116,2001
17
{8.973)
167.371
8.973
810 168.181 116,2001
Net movement In funds
Fund balances at l January
2020
Fund balances at 31
December 2020
567.743
17,683
585,426
601.626
735,114
18.493
753,607
585.426
The statement of financial activities also complies With the requirements for an income and
expenditure account under the Companies Act 2006.
13

NOThINGHAM FORESTCOMMUNITYTRUST
BALANCE SHEET
AS AT 31 DECEMBER 2020
2020
2019
Notes
Fixed assets
Tangible assets
io
14,637
22,679
Current assets
Debtors
Cash at bank and in hand
li
294,009
948.317
1,242,326
312,484
549,844
862.328
Creditors: amounts falling
due within one year
12
(347,939)
{189.1641
Net current assets
894,387
673.164
Total assets less current
liabilities
909,024
695,843
Provisions for liabilitie5
14
1155,417)
1110.417}
Net assets
753.607
585,426
Income funds
Unrestricted funds
Restricted funds
17
17
735,114
18,493
753,fA17
567.743
17.683
585,426
The financial statements have been prepared in accordance with the special provisions relating
to companies subject to the srnall companies, regime within Part 15 of the CompaniesAct 2006
and in accordance with the Financtal Reporting Standard 102 (effective January 20151.
The notes on pages 16to 29 form part ofthefinancial statements. The accounts were approved
and authorised for issue by the board on 24 September 2021.
K Frankland
Trustee and chair
I Sanghera
Trustee
Company Registration No. 07395235
14

NOTTINGHAM FOREST COMMUNITY TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR TO 31 DECEMBER 2020
Notes
2020
2019
Cash flows from operatlns activitles
19
395,238 1138,030)
Cash flows Irom investing activities
Payments to acquire tangible fixed assets
Interest received
{8.9111
7,280
3.235
Net cash Ilows from investing artivltles
3,235
11,6311
Net (decrease) / Increase In cash and cash
equivalents
398.473 {139.6611
Cash and cash equivalents bought forward
Cash and cash equivalents carried forward
549,844
948,317
689.505
549,844
Cash and cash equivalents conslsts of:
Cash at bank and in hand
Short term deposits
Cash and cash equivalents at 31 December 2020
594,117
354,200
948,317
198,818
351,026
549,844
15

NOTTINGHAM FOREST COMMUNITY TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2020
l. Accountln8 pollcles
1.1. General inforrnatlon and basls of preparation
Nottlngham Forest Community Trust is a charitable company limited by guarantee
registered in England & Wales. The address of the registered office is given in the legal
and administrative information in these financial statement5. The nature of the
charity's operations and principal activities are to deliver high quality football, physical
activity and education programmes to people of all ages and abilities in Nottingham
and across the countv.
The charity constitutes a public benefit entity as defined by FRS 102. The financial
statements have been prepared in accordance with the second edition of the Charities
Statement of Recommended Practice issued in October 2019, the Financial Reporting
Standard applicable in the United K•ngdom and Republic of Ireland (FRS 102} and the
Charities Act 2011.
The financial statements are prepared on a going concern basis under the historical
cost convention. The financial statements are presented in sterling which is the
functional currency of the charity and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial
statements are set out below. These policies have been consistently applied to all years
presented unless otherwise stated.
1.2. Fund5
Unrestritted funds are available for use at the discretion of the trustees in furtherance
of the general objectives of the charity and which have not been desi8nated for other
purposes.
16

NOTTINGHAM FOREST COMMUNITY TRUST
NOTES TO THE ACCOUNTS (CONTINUEDI
FOR THE YEAR ENDED 310ECEMBER 2020
1.2. Funds (contlnuedl
Desi8nated 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 re5triction5
imposed by donors or which have been raised by the charity for particular purposes.
The cost 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.
1.3. Income recognition
Items of income are recognised and included in the accountswhen all of the following
criteria are met:
The charity has entitlement to the fvnds:
any performance conditions attached to the item{5} of income have been met
or are fully within the control of the charity-
there is Sufficient certainty that receipt of the income is considered probable,.
and
the amount can be measured reliably.
Incomin8 resources accounted for on an accruals basis and shown in the Statement of
Financial Artivities represent amounts receivable in relation to grant fundin&
donations. education programmes, coaching fees and facility hire.
Grants receivable in respect of capital expenditure are credited to capital funds and
amortised through the statement of financial activities over the expected useful
economic lives of the relevant assets.
Grants of a revenue nature are credited to income in the year for which they are
receivable, provided that the obligations under the grant agreement have been
fulfilled.
Where income is received in advance of performance. its recognition is deferred and
included in creditors until the contract is performed.
17

NOThINGHAM FOREST COMMUNITY TRUST
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
1.4. Expendtture
All expenditure is accounted for on the accruals basi5. In particular, the cost5 of
charitable activities represent all costs of the charity less those apportioned to support
costs. Costs are apportioned to projects based on time allocation or income. Support
costs include the costs of governance arrangements which relate to the general
running of the charity as opposed to the direct management functions inherent in
generating funds, servtce delivery and project work.
1.5. Tangible flxed assets and depreclatlon
Tangible fixed assets are stated at cost le55 depreciation. Depreciation is provided at
annual rates calculated to write off the cost less estimated residual value of each asset
over its expected useful life. as follows=
Office Equipment
10%- 25% straight line
1.6. Donated servi￿5
The charity does not include donated services and facilities in the statement of financial
activities as the charity is unable to reasonably quantify or measure the value of these
services.
1.7. Operating leases
Renta15 under operating leases are charged to the statement of financial activities on
a straight line basis over the lease term.
1.8. Taxation
Taxation has not been provided on the surplusfor the year on the groundsthat Part 11
of the Corporation Tax Art 2010 applies (tax exemption for charitable companies). By
virtue of the same section, income tax deducted from investment income received has
been treated as recoverable.
1.9. Employee benefits
The charity operates a defined contribution plan for the benefit of its
employees. Contributions are expensed as they become payable.
18

NOTTINGHAM FOREST COMMUNITYTRUST
NOTES TOTHE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
2. Income from donations and legacies
2020
2019
Donation from Nottingham Forest Football Club
Other donations
78.570 229,935
100.345
19,079
178.915 249.014
Total
£178,915 {2019-. £249,014) of the above income was attributable to unrestricted funds.
3. Income from chariL7ble activltles
Included within income relating to activities Within the community are the following:
2020
2019
Participant funded football programmes
Education programmes
Inclusion programmes
Football development programmes
Facility hire
15,246
352,590
352.671
79,798
193,663
993.968
44,317
359,983
220,597
91,376
217,806
934.079
Income from charitable activities was £993,96812019.. £934,079) of which £494,17212019:
£383,054) was attributable to restricted funds and £499.796 12019: £551,025) was
attributable to unrestricted funds. Facility hire income includes £52.000 12019: £nil)
received from the Forest Sports Zone Business Interruption Insurance policy due to the
losure of the facility during the first COVID lockdown.
4. Investment Income and other Income
2020
2019
Investment Income
Interest receivable
Other Income
Government grants
Vending machine sale5
3,235
7,280
109.761
7,707
117.468
19,904
27,184
Government grants relates to Coronavirus support grants available from the government.
£23,86312019'. £nill of the above income was attributable to restricted funds. £93,605
(2019: £27,184} of the above income was attributable to unrestricted fvnds.
19

NO￿INGHAm FOREST COMMUNITYTRUST
NOTESTOTHE ACCOUNTS ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
5. Total resources expended
Staff
costs
Other
costs
Total
2020
Total
2019
Charitable activities
Artivities undertaken directly
Note 9 Notes 6.7
690.258
376,714 1,066,972 1.165,553
Support costs
58,433
58,433
60,924
435,147 1.125.405 1,226,477
690.258
£526.198 (2019.. £430,940) of the above costs were attributable to restricted funds.
£599,20712019: £795,537) of the above costs were attributable to unrestrirted funds.
Auditorfs remuneration
2020
2019
Fees payable to the auditor for the audit of the charit￿5
annual accounts
5.610
5,250
6. Artivities undertaken directly
2020
2019
Other costs relating to activities within the community
comprise:
Rental of facilities
Third party delivery staff
Kit & equipment
Administrative costs
16,504
148,331
17,789
27.481
64,786
52.528
fil
18,403
25,895
39,180
8,042
32,527
13.028
45,000
12,015
16,100
39.977
52.165
7,816
41,907
19.671
25.OLN)
32,107
Marketing costs
Travel costs
Depreciation
Utility costs
Vending machine cost5
Replacement of artificial pitch surface
Maintenance costs
376,714
379,538
£162,052 {2019'. £133,267) of the above costs were attributable to restricted funds.
£214,66212019.' £246.2711 of the above costs were attributable to unrestricted funds.
20

NOTTINGHAM FOREST COMMUNITY TRUST
NOTES TO THE ACCOUNTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
7. Support costs
2020
2019
other support costs comprise:
Training
Legal and professional fees
Accountancy fees
Audit fees
Finance charges
Sundries
1,305
24,450
16.331
5.610
7.059
19,840
17.116
5,250
4,230
7.428
60,924
8,289
58.433
£19,086 (2019: £18,571) of the above costs were attributable to restricted funds. £39.347
(2019: £42,353) of the above costs were attributable to unrestricted funds.
8. Trustee5' and key management personnel remuneration and expenses
Key management
The total amount of employee benefits received by key management personnel is £200.162
(2019: £225,866}. The Trust considers its key management personnel comprise the Chief
Executive Officer. the Chief Operating Officer. the Head of Operations and the Head of
Finance.
Trustees. remuneration. benefits and relmbursed expenses
Ouring the year. none of the Trustees received any remuneration. benefits in kind or were
reimbursed any expenses.
21

NOThINGHAM FOREST COMMUNITY TRUST
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
9. Employment costs
2020
2019
Wages and salaries
Social security costs
Defined contribution pension costs
625,667
49.541
15,050
690,258
719.376
51,623
15,016
786,015
There wasone employee whose annual remuneration fell within the £70.LKII-£80,LKIO band
12019.. One employee in the £70,001-£80,LY)O band).
The average numberof employees dur•ng the year was 4112019.. 43).
10. Tanglble fixed assets
Office
equipment
Total
Cost
At l January 2020
Additions
At 31 Decefflber 2020
41,789
41,789
41,789
41.789
Depreclatlon
At l January 2020
Charge for the period
At 31 December 2010
19.110
8.042
27.152
19,110
8.042
Z7.152
Net book value
At 31 December 2020
14.637
14,637
At 31 December 2019
22,679
22,679
22

NOTTINGHAM FOREST COMMUNITY TRUST
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
11. Debtors
2020
2019
Trade debtors
Accrued income
Other debtors
3.051
287.801
3.157
294,009
25,179
282,289
5,016
312.484
Included within accrued income are amounts due in over one year of £nil {2019: £75,000).
12. Credltors: amounts fallln8 due wlthln one year
2020
2019
Trade creditors
Payroll creditor
Accruals
Deferred income (note 13)
69.736
18.018
26.638
233.547
347.939
12,254
11,734
61,915
103,261
189.164
13. Deferred income
As at l Released Deferred
Asat31
January
inthe
in the December
2020
vear
year
2020
Deferred income
103.261 {103.261} 233.547
103,261 1103,261} 233,547
233,547
233,547
Income has been deferred where there are performance-related conditions that have not
been met at the balance sheet date.
23

NO￿INGHAm FORESTCOMMUNITY TRUST
NOTESTO THE ACCOUNTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
14. Provisions for liabllltles
As at l Released Charged
Asat31
January
inthe
in the December
2020
year
year
2020
Provision for replacement of
artificial pitch surface
110,417
110.417
45,000
45,OIXI
155,417
155,417
Under the management agreement forthe operation of the Forest Sports Zone the charity
has an obligation to keep the artificial grass pitch surface in good repair over a 21 year
period commencing in July 2015. The amount provided is based on the estimated c05t of
replacing the surface, spread across its life expertancy of approximately 8 years.
15. Related parties
The trustees consider that Nottingham Forest Football Club Ltd 1.the football club-l is a
related party of the charity by virtue of its significant influence. The charity receives
significantfinancial support from the football club along with extensive operationa
resources and access to facilities at the City Ground Stadium at no cost to the charity. The
club allow the charity use of the Nottingham Forest brand and presence on the official club
website. The charity delivers major community engagement programmes across
Nottingham and Nottinghamshire at no cost to the club and creates a positive profile for
the club acr055 professional football nationally. regionally. and locally that leads to
partnerships with private. public and third sector organisations helpin8 the club and Trust
deliver their aims and objectives.
The trustees feel they are unable to reasonably quantify or measure the value of the
services received or provided. so they have not been recorded in the financial statements.
There isa net balance owingfrom the football club at 31 December 2020 of £165,CQO {2019:
owing from the football club £258.878).
The charity has not prowded services to any companies {2019: no companies} in which
trustees have an interest.
24

NOTTINGHAM FOREST COMMUNITY TRUST
NOTES TO THE ACCOUNTS ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
16. Operatlng lease arran8ements
Total future minimum lease payments due under non-cancellable operating leases are as
follows:
Expiry date:
2020
2019
Within one year
Between two and five years
8.686
11.484
20.170
20,552
6,933
27.486
17. Reconciliation of funds
Reconciliation of funds- current year
Unrestricted funds
Asatl
January
2020
Income
Outgolng Transfers
funds
Asat31
December
2020
Unrestricted
Oesignated A
517.743
50.000
567,743
775,551 {581,707) 1147,7881
(17.5001 138,815
775.551 1599.207) 18.973)
563,799
171.315
735.114
Restricted funds
Asatl
January
zozo
Income
Outgoing Transfers
funds
Asat31
December
2020
PL Kicks
PL Primary Stars
PL Core
PL Targeted
Regional Talent Club
Forest Forces
Knife Crime
Street Games
Tackling Loneliness
Together
Active through Football
132,221 1137,0881
125.920 (125.9061
32,51)0
129,459}
29.893
128.533)
33,153
137,259}
6.100
9,500
112.ICK)}
4,889 135.950 (134.9291
6,694
2,231
18,925)
12.000
112.000)
4,867
14
3,041
1,360
4,106
3,5CM)
5,910
4.667
17,683 518,035 {526.198}
4,667
18.493
8.973
25

NOTTINGHAM FOREST COMMUNITY TRUST
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
17. Reconciliation of funds (continued)
Reconciliation of fund5- prior year
Unrestricted funds
Asatl
January
2019
Income
Outgoing Transfers
funds
Asat31
December
2019
Unrestricted
Designated A
Designated B
483,418
50.0(X)
30.OCrf)
563,418
827,223
1755.308} 137.5911
(10.230)
10,230
{30,0001
1795,5381 (27,361}
517,743
50,000
827,223
567,743
Restricted funds
Asatl
January
2019
Income
Outgoing Transfers
funds
Asat31
December
2019
PL Kicks
PL Girls
PL Primary Stars
PL Core
PL Improvement Fund
Regional Talent Club
Forest Forces
Off the Bench
Knife Crime
Street Games
116,971
1128,830)
11,859
16.667
{17.3981
731
115.424 1118,464)
2,597
10.832
110,8941
62
(8.7061 18,055)
150.5331
20,167
116,0041
(5,0001
175,1111
443
16,761
30.366
6,100
16,004
5,(KlO
6.1(Kl
80,000
6.694
38,208 383,054 (430.9401
4.889
6,694
17,683
27.361
Fund descriptions
a) Unrestricted funds
Unrestricted funds represent the free fund5 of the charity.
26

NOTTINGHAM FOREST COMMUNITY TRUST
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
17. Reconcillation of funds Icontlnued)
b} Designated Funds
Designated A has been set-aside by the trustees to fund research and pilot programmes
for innovative income generating activities or ways of working. Spend of £17,500 has
been incurred in 2020 and this has been increased by £138.815 in 2020 to a total of
£171,315 which will be spenton expandingtheTrickytoTalk mental health programme,
and expanding areas within the charity such as market•n& infrastructure, football
development in primary schools and capital investment. Designated B was a fund set-
aside by the trustees in 2019 for the charity to match fund a Premier League Kick5
programme.
c) Restrirted funds
PL Kicks
Premier League Kicks offers children and young people aged 8-18 years of age the
opportunity to realise their potential through 5POrt. A wide range of multi-sport activity is
delivered including football. table tennis. handball and boxing. In 2020, the Trust invested
£4,867 (2019: £11,859) of its own reserves into the PL Kicks programme.
PL Girls
Premier League Girls offers girls aged 13-16 the opportunity totryfootball for the first tirne
and improve the skills of those already playing either informally or competitively.
PL Primary Stsrs
Premier League Primary Stars offers primary schools the opportunity to increase the levels
and quality of physical education for their pupils. using experienced and qualified
community trust coaches to deliver regular coaching sessions.
PL Core Funding
The Premier League Charitable Fund provide annual investment (Core Funding) to support
the infrastructure of the Trust in order to deliver pro8rammes that receive funding from the
Premier League and that meet its aims and objectives.
PL Targeted
PL Targeted ts funding from the Premier league and is an intervention designed to work
with young people who are identified as being. or at risk of becoming. perpetrators or
victims of youth violence.
Forest Forces
Funded by the Armed Forces Covenant Fund. Forest Forces supports Nottinghamshlre's
veterans to lead a healthier and more connected life.
27

NO￿INGHAm FORESTCOMMUNITY TRUST
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
17. Reconclliation of funds (continued)
c} Restricted fund5 (continued)
PL Improvement Fund
The Premier League Improvement Fund provides investment intothe Trust in orderto build
stronger and more sustainable infrastructure. This includes the installation of secure IT
services, improved workspaces and financial systems. The transfer in the previous year is
the value of tangible fixed assets which have been purchased from the PL Improvement
restricted fund donation but are held for a Eeneral not a restricted purpose.
Regional Talent aub
The Nottingham Forest Girls Region Talent Club IRTC} is an enhanced football programme
for UIO - U16 female players. It allows female players identified as having elite potential
the opportunity to access appropiiate levels of coaching and support through the 'FA Girls,
England talent pathway. In 2020. the Trust invested £4.10612019.. £20.1671 of its own
reserves into the RTC programme.
Knife Crlme
Funded by the Police and Crime Commissioner. the Knife Crime delivery involves creating
central hub for the delivery of sports activity and workshops which involved young people
already in the justice system. The workshops focussed on the consequences of knife crime,
positive mental health. avoiding conflict and building relationships.
Off the Benth
Funded by Small Steps Big Changes, Off the Bench supports and engages new or expectant
fathers to play an active role in their child's development through tips, tricks and advice on
communication, confidence. emotionslbehaviour and eating well and keepin8 healthy.
Street Games
A programme of youth outreach work targeting young people who are at risk of or who are
involved in violence or criminality. Thi5 involves one -to -one sessions with Trust coaches
who aim to progress individuals into positive activity and behaviours through a range of
physical activity and mentoring.
Tackling Loneliness Together
Tackling lonelinessTogether isfunded bythe EFL and is a project aimed at connecting more
older people at risk of Loneliness.
Active through Football
Active through Football is a new programme funded by Sports England aimed at
encouraging people who do not currently play football to get involved for the first time.
Our project focuses on young females and young mothers and encourages families to
participate in football activity together.
28

NOTTINGHAM FORESTCOMMUNITYTRUST
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENOED 310ECEMBER 2020
18. Analysis of net assets between funds
Unrestrlrted Deslgnated Restricted
funds
fvnd5
funds
Total
Tangible fixed assets
Cash and cash equivalent5
Other current assets/liabilities
Provisions
14.637
665.294
178,1(K)
{155.417}
702.614
14,637
250.523 948.317
{232,030) (53,930)
1155.417)
18.493 753.607
32.5CM)
32.5
19. Reconciliation of net income l (expenditure) to net cash flows from operatlng artlvltles
2020
2019
Net Income for year
168.181
116,200}
Interest receivable
Depreciation of fixed assets
Post-employment benefits less payments
Provisions less payments
Decrease / lincreasel in debtors
Increase / (decrease} in creditors
{3.235}
8.042
16.757)
45,IMI
18,475
165,532
17,2801
7,816
18,5951
25.000
1128,8981
19.8731
Net cash flows from operating activities
395.238
1138,0301
20. Penslons and other post-retlfement beneffts
The charity operates a defined contribution pension plan for its employees. The amount
recognised as an expense in the period was £15,050 {2019: £15,016).
£2,615 {2019: £2,472) of the defined contribution liability was attributable to restricted
funds. £12,43512019: £12,544) of the defined contribution liability was attributable to
unrestricted funds.
29