Charity Registration No. 1139561 Company Registration No. 07395235 (England and Wèle5} NOThINGHAM FOREST COMMUNITY TRUST TRUSTEES, REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021 NOTTINGHAM FORESTCOMMUNITY TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees Karen Frankland - chair Oonagh Turnbull Nicholas Randall Q.C. Alison Hands Judith Lyons Iqbal Sanghera Chlef executlve Graham Moran Chlef operatlnE offi￿r Calum Osborne Secretsry Calum Osbome Patron$ Sir John Peace John McGovem Sir David Greenaway Charfty number 1139561 Company number 07395235 Realstered and principal offi The City Ground Pavilion Road West Bridgford Nottingham NG2 5FJ Auditor UHY Hacker Young 14 Park Row Nottingham NGI 6GR Bankers Natwest Bank plc 148-149 Victoria Centre Nottingham NGI 3QT Solicitors Browne Jacobson LLP Mowbray House Castle Meadow Road Nottingham NG2 IBJ NOTTINGHAM FOREST COMMUNITYTRUST CONTENTS Page Trustees. report Statement of trustees. responsibllltles Independent audltorfs report 9-12 Statement of financial actlvitle5 13 Balance sheet 14 Statement of cash flows 15 Notes to the accounts 16-29 NOTTINGHAM FOREST COMMUNITY TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 The trustees are pleased to present their report and accounts for the year ended 31 December 2021. The accounts have been prepared in accordance with the accounting policies set out in note I to the accounts and comply with the chariws 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 Kingdom and Republic of Ireland (FRS 1021. Structurei govemance and management The charity is a company limited by guarantee. incorporated on 4th ortober 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 dur•ng the year and since the year end were: Karen Frankland Colin Morrell (resigned 4 October 2021) 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 members of the companyand guaranteeto contribute £10 each in the event of a winding up. In accordance with the articles of association Judith Lyons and Iqbal Sanghera retire by rotation and offer themselves for reappointment. The chariws articles of association require that a trustee appointed by a resolution of the other trustees must retire at the next annual general meetin8. 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 15 dependent on the Individual's requirements and knowledge of the charitys 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 repfesentative of the issues and areas in which the NOThINGHAM FOREST COMMUNITYTRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 charity operates. Any such changes to the board will continue over time but all appointment5 will be based on merit. As part of their regular review of the board's skills and experience, the tru5tee5 appoint a number of advisors to the board. Board advisors bring distinctive knowledge on different aspects of the charitvs operations to complement the existing trustees. Board advisors are not trustees and have no responsibilities as such. During the period the following have served as board advi50rs'. cialist area Health Equality. diversity and inclusion Sport and Leisure Finance Sir David Nicholson Jason Lee Sarah Retzlaff Colin Morrell 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 Greenawav John McGovern The board meets five times a year. During 2021 the finan￿ 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 charitvs objectives that make a lasting impact and create long term value. The board approves the membership of and terms of reference for all committees. The chief executive has delegated authority over operational matters and the terms of delegation are reviewed and approved annually by trustees. Under the memorandum and articles of association. the charity h35 the power to make any investment which the trustees see fit. The trustees have developed a comprehensive business risk register which is reviewed at least quarterly. The trustees are satisfied that systems are in plate to mitl8ate exposure to the major risks. NOTTINGHAM FOREST COMMUNITYTRUST TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 External risks to funding have led to the development of a strategic plan which will allow for diversification of funding and activities. Internal risks are minimised by the implementatlon of procedures for authorisation of all transactions and projects and to ensure consistent quality of delivery for all operational aspects of the charitable company. Given the nature of the charitv's activitie5, including working with many young people, great emphasls is placed on the quality of the charitvs recruitment. employment. trainin& health and safety and safeguarding policies and procedures. One of the trustees has specific responsibility for overseeing the charity's safeguarding poliry and procedures and reportsto 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 CharityGovernance Code; and is us•n8the Code to support continuous 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 mana8ement 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 trustee remuneration was paid in the year. Details of trustee expenses and related party transactions 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 Tru5Vs 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. The remuneration is also bench-marked with charities of a similar size and activity to ensure that the remuneration set is fair and not out of line with that generally paid for similar roles. Objeclives and actlvltles Nottingham Forest Community Trust delivers high quality football, physical artivity and education programmes to people of all ages and abilities in Nottingham and across the county. Other charitable services may be delivered at the absolute discretion of the trustees as thev see fit. The charity's main objectives and activities are: Improving levels of health. fitness and wellbeing. Developin8 recreational and competitive football opportunities at all levels. En8a8ing people from all communities and backgrounds in socially inclusive activity. Driving up the participation in Sport and physical activity. Improving academic attainment. NOTTINGHAM FORESTCOMMUNITYTRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Achievefflents 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. The trustees are particularly delighted with the excellent relationship which has developed with 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 £77,231. Durin8 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 2021 we achieved high levels of performance operationally despite the Covid pandemic having a continuing impact. The highlights of the year were= 32,834 hours of community support 19.460 participants engaged in the Holiday Food Programme 84,000 meals provided as part of the Holiday Food Programme 194 armed forces veterans took part in regular social and physical artivities. 4.400 hours of operation at the Forest Sports Zone Football facility- 58 Tricky to Talk mental health sessions delivered. 1,119 children participated in official Forest Soccer School coaching session5. 6.106 Primary School pupils engaged in the Premier League Primary Stars programme. 119 teachers SUPPOrted in the classroom and during PE lessons. 690 hours of p05t 16 education learning delivered. 50 young people engaged in full time post 16 BTEC pro8ramme5. 2.700 hours work experience offered to young people. 1.500 complimentary Nottingham Forest match tickets distributed to local families. 4,500 Nottingham Forest hats, gloves and snoods distributed to local families. 312 youth outreach sessions delivered in Nottingham City Centre. Nottingham Forest Community Trust staff delivered 380 hours of volunteering at NHS vaccination ￿ntre5. Publ1£ beneflt statement The activities that the charity has undertaken to further its charitable purposes for the public benefit are stated within the objectives and attiwties 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. NOThINGHAM FOREST COMMUNITY TRUST TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Financial review The Charity continued to be imparted by the Covid pandemic. particularly in the first quarter of the year, with the Forest Sports Zone facility closed to all or significantly all activities during the third national lockdown. However, m05t other programmes, including delivery in schools. was able to continue so the impact has been less severe than in 2020. The highlights of the year were as follows: The charity made an overall surplus of £97.290 (2020: £168.1811 Our total income for the year was £2,083,796 {2020'. £1,293,586). The Forest Sports Zone recorded income in the year of £203,633 (2020: £193,663} and again made a small surplus. Our education programmes increased in the year with the launch of a new five year Think Bi( programme in partnership with Ideagen, which connects youn8 people to the world of technology and the benefits of a career in technology. In addition, the Trust has employed five young people under the Kickstart scheme. Our 8TEC and Foundation degree programmes had a stable year, and there was once again strong participation again in our Premier League Primary Stars offer. There has once again been a very positive ￿latIonShIp with Nottingham Forest Football Club. and we were very grateful for the generous donations in the year. Our new Health income stream represents the Holiday Activity Fund awarded by Nottingham City Council. This allowed us to deliver a wide range of physical and creative attivities along with the provision of healthy food for around 3.500 children and young people during school holiday period5. The programme is aimed at supporting those families who are in the greatest need. Ourinclusion programmes Saw a small decrease with some small one of funding in 2020 not repeating for 2021. Participant funded programmes were stable in the year. In 2021, the charity exceeded the level of unrestritted reserves required by its minimum reserves policy. At the end of the year the board agreed to designate an additional £275.(KJO of the unrestricted reserves towards expanding areas within the charity including additional govemance roles, investment in facilities and leveraging external investment opportunities. NOThINGHAM FORESTCOMMUNITYTRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Future Outlook The Charity has negotiated the challenges resulting from the Covid pandemic proactively and as a result has emerged in a strong position. The Chartty remains ambitious and there are several new opportunities for the Charity to be involved with and additional resources have been made available to ensure that the most is made of these. The Charity is in a strong financial positton at the end of 2021 and by remaining proactive and flexible will be in a 8ood position to deal with any challenges It faces and will strive to continue to achieve maximum impact in the local communities where we work. Reserves pollcy 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 a significant drop in fundin& they will be able to continue the charity's current activitie5 while consideration is also given to ways in which additional funds can be raised. Unrestricted funds per note 17 at 31 December 2021 are £477.970 and our estimate of 6 months recurring expenditure is £430,530. The board are pleased to report that the charity maintained its minimum level of reserves throughout 2021. There is £357,259 in a designated fund to expand areas within the charity including additional governance roles. investment in facilities, leveraging external investment opportunities and marketing. 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 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 assets attributable to the various funds and a description of the funds 15 set out in note 1.2. These 355ets are sufficient to meet the charity's obligations on fund by fund basis. NOThINGHAM FORESTCOMMUNITYTRU5T TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Dlsdosure of information to auditor Each of the dirertors has confirmed that there Is no information of which they are aware which is relevant to the audit, but of wh•ch 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 21J)6. Finally, we would like to formally thank all our funders for their continuing support and our staff for their dedication and hard work duringthe year. Approved by the Board of Trustees and signed on its behalf by K Frankland. Trustee and chair th Dated.. 26 August 2022 NO￿INGHAm FOREST COMMUNITYTRUST STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees {who are also directors of Nottingham Forest Community Trust for the purposes of company lawl are responsible for preparing the Tru5tees' Annual Report and the financial Statements in accordance with applicable law and United Kin8dom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial 5tatement5 for each financial year. which 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 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; obsewve the methods and principles in the Charities SORP 2015 (FRS 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 a150 responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detertion of fraud and other irregularities. In so far as the trustees are aware: there is no relevant audit information of which the charitable companvs auditor is unaware; and the trustees 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. NOThINGHAM FOREST COMMUNITYTRUST INDEPENDENT AUDITOR'S REPORTTOTHE MEMBERS OF NOThINGHAM FOREST COMMUNITYTRUST We have audited the financial statements of Nottingham Forest Communtty Trust {the 'charitable company'l for the year ended 31 December 2021 which comprise the Statement of Financial Activities including Income and Expenditure Account, the Balance Sheet, the Statement of Cash Flows and notes to the financial statements. induding a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation 15 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.. give a true and fair view ofthe state of the charitable companws affair5 a5 at 31 De￿rnber 2021, and of its incoming resources and application of resources, including its income and expenditure. for the 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 2011. Basls lor oplnlon We Conducted our audit in accordancewith International Standard50n Auditing IUKI {ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditorfs 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 accordan￿ with these requirements. We believe that the audit eviden￿ we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons relatlng to goln8 concem In auditin8 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 compan(5 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. NO￿INGHAm FORESTCOMMUNITYTRUST Other Infomiation The trustees are responsible for the other information. The other information comprises the information included in the trustees, annual report, other than the financial statements and our auditorfs report thereon. Ouropinion on the financial statements does not coverthe other information and. except to the extent otherwtse explicitly stated in our report, we do not express any fomi of assurance conclusion thereon. In connection 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 incon5iStent with the financial statements or our knowled8e 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 misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Oplnlon on other matters prescribed by the Companies Act 21I)6 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 accordance with applicable legal requirements. Matters on which we are required to 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 misstatements in the Trustees Annual Report. We have nothing to report in respect of the following matters where the Companies 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 records and returns", or certain disclosures of trustees. remuneration specified by law are not made; or we have not received all the information and explanations we require for our audit; or the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage ofthe Small companies exemption in preparing the directors, report and take advantage of the small companies exemption from the requirement to prepare a strategic report. io NOTTINGHAM FOREST COMMUNITY TRUST Responsiblllties of trustees As explained more fully in the Trustees, Responsibilities Statement set out on page 8, the trustees {who 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 bein8 satisfied that they give a true and fair view. and for such internal control as the dirertors 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 companTrls ability to continue as 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 responstbilities for the audlt of the flnandal statements Our objectives are to obtain reasonable assuran￿ about whether the financial statements as 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 IUKI 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 experted 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 ￿SponsIbl11t1e5. outlined above, to detect material misstatements in respect of irregularities. including fraud. The extent to which our procedures are capable of detectin8 irregularities, includin8 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 nonckdown. 4. Investment income and other income 2021 2020 Investment Income Interest receivable Other income Government grants Vending machine sales 4.555 3,235 35A52 109.761 256 7,707 36,108 117.468 Government grants relates to Coronavirus support grants available from the government. £12.52412020: £23.863) of the above income was attributable to restricted funds. £23,584 {2020: £93.605) of the above income was attributable to unrestricted funds. 19 NOThINGHAM FOREST COMMUNITYTRUST NOTESTO THE ACCOUNTS ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 5. Tolal resources expended Staff costs Other costs Total 2021 Total 2020 Charitsble artivities Activities undertaken dirertly Note 9 Notes 6.7 804.797 1,053.019 1.857.816 1,066,972 Support costs 128.690 128.690 58,433 804,797 1.181.709 1,986,506 1.125.405 £1,396,999 {2020-. £526,198) of the above costs were attributable to restricted fvnds. £589,50712020: £599.2071 of the above costs were attributable to unrestricted funds. Auditorfs remuneration 2021 2020 Fees payable to the auditor for the audit of the charitWs annual accounts 6,030 5.610 6. Artivities undertaken directly 2021 2020 Other costs relating to attivities within the community comprise: Rental of facilities Third party delivery staff Kit & equipment Food provision Administrative costs Marketing costs Travel costs Depreciation Utility costs Vendin8 machine costs Replacement of artificial pitch surface Maintenance costs 112.775 369.871 78.198 178.540 28.491 107.212 24.335 7.833 36.051 14.041 47.513 48.159 16,504 148,331 17,789 18,403 25.895 39,180 8,042 32,527 13.028 45,000 12.015 1.053.019 376.714 £764,856 12020: £162.052) of the above costs were attributable to restricted funds. £288,16312020: £214,662) of the above costs were attributable to unrestricted funds. 20 NOTTINGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 7. Support costs 2021 2020 Other support costs comprise: Training Legal and professional fees Accountancy fees Audit fees Finance charges Sundries 8.018 86.511 20,275 6.030 2.753 5,103 128.690 1,305 24,450 16,331 5,610 2,448 8,289 58,433 £81.92412020: £19.0861 of the above costs were attributable to restricted funds. £46.766 12020: £39,347} of the above costs were attributable to unrestricted fund5. 8. Trustees. and key management personnel remuneration and expenses Key management The total amount of employee benefits received by key management personnel 15 £240.735 {2020: £2(M),1621. The Trust considers its key management personnel comprise the Chief Executive Officer, the Chief Operating Officer, the Head of Operations and People, the Head of Finance, Head of Marketing and Communications, and Head of Education, Training and Employment. Trustees, remuneration. benefits and relmbursed expenses During the year, none of the Trustees received any remuneration. benefits in kind or were reimbursed any expenses. 21 NOThINGHAM FORESTCOMMUNITYTRUST NOTES TOTHE ACCOUNTS (CONTINUEO FOR THE YEAR ENDED 31 DECEMBER 2021 9. Employment costs 2021 2020 Wages and salaries Social security costs Defined contribution pension costs 736,537 $4.575 13.684 804,797 625.667 49,541 15.050 690.258 There was one employee whose annual remuneration fell within the £80,001-£90,000 band 12020: One employee in the £70.001-£80,CQO bandl. The average number of employees during the year was 4112020: 411. 10. Tangible fixed assets Office equiprnent Total Cost At l January 2021 Additions At 31 December 2021 41.789 2.856 36,535 41.789 2.856 36.535 Depreciation At l January 2021 Charge for the pertod At 31 December 2021 27.152 7,833 26.875 27.152 7,833 26.875 Net book value At 31 December 2021 9.660 9.660 At 31 December 2020 14.637 14.637 22 NOTTINGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 11. Debtors 2021 2020 Trade debtors Accrued income Other debtors 45.922 234.298 4,211 284.431 3.051 287,801 3.157 294.009 Included within accrued income are amounts due in over one year of £nil12020: £nill. 12. Credltors: amounts falllng due wlthln one year 2021 2020 Trade creditors Payroll creditor Accruals Deferred income (note 13) 10.643 20.389 91.056 131.745 253,833 69,736 18.018 26,638 233,547 347.939 13. Deferred Incorne As at l Released Deferred Asat31 January in the in the December 2021 vear 2021 year Deferred income 233.547 {233.547} 131.745 233,547 {233,547) 131,745 131,745 131.745 Income has been deferred where there are performance-related conditions that have not been met at the balance sheet date. 23 NOThINGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2021 14. Provlslons for Ilabllltles As at l Released Charged Asat31 January In the in the December 2021 year year 2021 Provision for replacement of artificial pitch surface 155,417 155.417 47,513 47,513 202,930 202,930 Under the management agreement for the 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 cost of replacing the surface, spread across its life expectancy of approximately 8 years. IS. Related partles The trustees consider that Nottingham Forest Football Club Itd {°the football club-l is a related party of the charity by virtue of its significant influence. The charity receives significant financial support from the football club along with extensive operational 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 enga8ement programmes across Nottingham and Nottinghamshire at no cost to the club and creates a posltive profile for the club across professional football nationally. regionally. and locally that leads to partnerships with private, public and third sector organisations helping the club and Trust deliver their aims and objectives. The trustees feel they are unable to reasonably quantify or measure the value of the service5 received or provided, so they have not been recorded in the financial statements. There is a net balance owing from the football club at 31 December 2021 of £99,979 (2020.. owing from the football club £165.000). The charity has not provided services to any companies {2020: no companies) in which trustee5 have an interest. 24 NO￿INGHAm FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 16. Operating lease arranzements Total future minimum lease payments due under non-cancellable operating leases are as follows.. Explry date: 2021 2020 Within one year Between two and five years 8,686 11.484 20,170 5,220 12.124 17. Reconclllation of funds Reconcillation of funds- current year Unrestricted funds Asatl January 2021 Income Outgolng Transfers funds Asat31 December 2021 Unrestricted Desi8nated A 563.799 728.202 (5Q).451} (313,5801 171,315 189.056) 275.000 753,114 728,202 1589,507) (38,5801 477,970 357.259 835.229 Restricted funds Asatl January 2021 Income Outgolng Transfers funds Asat31 December 2021 PL Kicks PL Primary Stars PL Core PL Targeted Regional Talent Club Forest Forces Knife Crime Tackling Loneliness Together Active through Football Holiday Activity Food 128,417 111.295 32,507 21.157 34,908 35.51Y) 99,257 7,300 1133,2231 1112.1381 {34,733} {20.690} {49,399} {25.974} 1123.622} 17,300) 4,806 829 14 3,041 1,360 815 1,827 14,491 3.500 5.910 13,026 18.455 4,667 2.333 {7.(M)O) 882.920 1882,920) 18,493 1,355,594 {1.396.999) 38.580 15,668 25 NOTtINGHAM FOREST COMMUNITYTRUST NOTES TO THE ACCOUNTS (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2021 17. Reconciliation of funds {tontinued) Reconciliation of funds- prior year Unrestricted funds Asatl January 2020 Income Outgolng Transfers fvnds Asat31 December 2020 Unrestricted Designated A 517.743 50,00) 567.743 775.551 {581.7071 1147,7881 (17,5001 138,815 {599.2071 18,973} 563,799 171.315 735,114 775.551 Restricted funds Asatl January 2020 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 1137.088) 125.920 (125.904) 32.51x1 129,4591 29.893 128,5331 33,153 137,2591 6.1(KJ 9.500 112.1001 4,889 135,950 (134,9291 6.694 2.231 18,9251 12,0(K) (12,0001 4,867 14 3.041 1,360 4,106 3,500 5,910 4,667 17.683 518.035 {526.1981 4.667 18,493 8,973 Fund descriptions al Unrestricted funds Unrestricted funds represent the free funds of the charity. 26 NOTTINGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 17. Reconciliation of funds (¢ontinued) b) Designated Funds Designated A has been set-aside by the trustees to be spent on expanding areas within the charity such as additional 8overnance roles, investin8 in facilities, leveraging external investment opportunities, and marketing. Spend of £89,056 has been incurred during 2021 and an additional £275.0(M) has been designated. cl Restricted funds PL Klck5 Premier League Kicks offers children and young people aged 8-18 years of age the opportunity to reali5e their potential through sport. A wide range of multl-5POrt activity is delivered including football. table tennis. handball and boxing. In 2020, the Trust invested £4,86712020: £4,867) of its own reserves into the PL Kicks pro8ramme. PL Prlmary Stars 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 programmes that receive funding from the Premier Lea8ue and that meet its aims and objectives. PL Targeted PL Targeted is fundin8 from the Premier League and is an intervention designed to work with young people who are identified as being, or at risk of becomin& perpetrator5 or victims of youth violence. Forest Forces Funded by the Armed Forces Covenant Fund, Forest Forces sUPPOrts Nottinghamshire's veterans to lead a healthier and more connected life. 27 NOThINGHAM FORESTCOMMUNITYTRUST NOTES TOTHE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 17. Reconciliation of funds (continued) c) Restricted funds (continued) Reglonal Talent aub The Nottingham Forest Girls Region Talent Club (RTCI is an enhanced football programme for UIO- U16 female players. It allows female players identified as having elite potential the opportunity to access appropriate levels of coaching and support through the 'FA Girls, England talent pathway. In 2021. the Trust invested £4.10612020= £4.1061 of its own reserves Into the RTC programme. Knlfe Crlme Funded by the Police and Crime Commissioner, the Knife Crime delivery involve5 creating a central hub for the delivery of sports activity and workshops which involved young people already in thejustice system. The workshops focussed on the consequences of knife crime, positive mental health. avoiding conflirt and building relationships. Street Games A programme of youth outreach work targeting young people who are at risk of or who are involved in violence or criminality. This involves one -to -one session5 With Trust coaches who aim to progress individuals into positive attivity and behaviours through a range of physical artivity and mentoring. Tackling Loneliness Together Tackling Loneliness Together is funded by the EFL and is a project aimed at connecting more older people at risk of Lonellness. 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. Holiday Activity Food The Holiday Activity Food {HAF) programme delivers a wide range of physical and creative activities along with the provision of healthy food for around 3.500 children and young people during school holiday periods. The programme is aimed at supporting those families who are in the greatest need. 28 NOTTINGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 18. Analysls of net assets between funds Unrestrirted Designated Restrlcted funds fvnds funds Total Tangible fixed assets Cash and cash equivalents Other current assets/liabilities Provisions 9,660 897,203 49,037 {202.930} 752,970 9,660 34,107 1.013.569 118,439) 30.598 1202,930) 850.897 82.259 82.259 15,668 19. Reconciliation of net Income l (expendlture) to net cash flows from operatlng artivities 2021 2020 Net income foryear 97.290 168,181 Interest receivable Depreciation of fixed assets Post-employment benefits less payments Provisions less payments Decrease in debtors {Decreasel / increase in creditors 14.555) 7,833 3.974 47,513 9.578 (98.0801 13,2351 8.042 16,7571 45.000 18,475 165,532 Net cash flows from operating activities 63.553 395,238 20. Pensions arKI other post-retirement benefrts The charity operates a defined contribution pension plan for its employees. The amount reco8nised as an expense in the period was £13,68412020: £15.0501. £3.36612020'. £2,615) of the defined contribution liability was attributable to restricted funds. £10,31812020= £12,435) of the defined contribution liability was attributable to unrestricted funds. 29