Charlty Registration No. 1139561
Company Registration No. 07395235 (England and Wales)
NOThINGHAM FOREST COMMUNITY TRUST
TRUSTEES, REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023

NOThINGHAM FOREST COMMUNITYTRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Judith Lyons- chair
Jayne Mayled
Nichola5 Randall K.C.
Iqbal Sanghera
Hugh White
Jamie Whysall
Chief exe¢utlve
Calum Osborne
Secretary
Nicola Andrews
Patrons
Sir John Peace
John McGovern
Sir David Greenaway
Charity number
1139561
Company number
07395235
Registered and principal office
The City Ground
Pavilion Road
West Bfidgford
Nottingham
NG2 5FJ
Auditor
UHY Hackeryoung
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

NOThINGHAM FOREST COMMUNITY TRUST
CONTENTS
Page
Trustees, report
Statement of trustee5' responsibilities
Independent auditorfs report
9-12
Slatemenl of financial artivities
13
Balance Sheet
14
Statement of cash flows
15
Note5 to the accounts
16-30

NOThINGHAM FOREST COMMUNITY TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees are pleased to present their report and accounts for the year ended 31 December
2023.
The accounts have been prepared in accordance with the accounti￿ policies set out in note I
to the accounts and comply with the chariW5 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 IFRS 1021.
Structure, governance and mana8ement
The charity is a company limited byguarantee. incorporated on 4th October 2010 and registered
as a charity on 29th 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 IresiEned 31 December 20231
Oonagh Turnbull (resigned 4 June 20241
Nichola5 Randall K.C.
Alison Hands (resigned 15 December 20231
Judith Lyons
Iqbal Sanghera
Jayne Mayled lappointed 7 November 20231
Hugh White lappointed 7 November 20231
Jamie Whysall (appointed 7 November 20231
The trustees would like to extend their gratitude for the support and guidance that has been
provided by the outgoing trustees. None of the trustees have any beneficial interest in the
company. All trustees are members of the company and guarantee to contribute £10 each in
the event of a winding up. In accordance with the articles of association Judith Lyon and Iqbal
Sanghera retire by rotation and offer themselves for reappointment. The charit(s articles of
a550ciation require that 3 twstee 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 chariws activities. All trustees are reminded
of their statutory obligations and given appropriate guidance and trainlng on their
responsibilities as trustee5.

NOThINGHAM FOREST COMMUNITYTRUST
TRUSTEES. REPORT ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees have the objective of seeking to develop a board with appropriate skills,
experience and diversity representative of the issues and areas in which the charity operates.
Any such changes to the board will continue over time but all appointments will be based on
merit.
As part of theii regular review of the board's skills and experience, the trustee5 appoint a
number of advisor5 to the board. Board advisors bring distinctive knowledge on different
aspects of the charity's operations to complement the existing trustees. Board advisor5 are not
trustees and have no responsibilities as such. During the period the following have served as
board advisors..
ecialist area
Health
Equality. diversity and inclusion
Finance
Sir David Nicholson
Jason Lee
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 Greenaway
John MtGovem
The b03rd meets five times a year. During 2023 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. Oiversity and Inclusion committee which
ensure the Trust is continually looking at ways of making a greater impact in the communitie5
where we work and developing new ideas in line with the charity's 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 authoiity over operational
matters and the terms of delegalion 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 trustees see fit.
The trustees have developed a comprehensive business risk register which is reviewed at least
quarterly. The trvstees are satisfied that systems are in place to mitigate exposure to the major
risks.

NOThINGHAM FORESTCOMMUNITYTRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENOED 31 DECEMBER 2023
External risks to funding have led to the development of a strategic plan which will allow for
diversification of funding and activitie5. Internal risks are minimi5ed by the implementation of
procedures for authorisation of all transactions and project5 and to ensure consistent quality
of delivery for all operational aspects of the charitable company. Given the nature of the
charitrfs activities, including working with many young people. great emphasis is placed on the
quality of the charitys recruitment, employment. trainin& health and safety and safeguarding
policies and procedures. One of the trustees has specific responsibility for overseeing the
charitW5 safeguarding policy and procedure5 and reports to the board at every meeting. These
procedures are periodically reviewed to ensure that they meet the need5 of the charity.
Nottingham Forest Community Trust has now mapped its governance processes against the
Charity Governance Code- and is using the Code to support continuous improvement. The Trust
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 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 disc105e all relevant interests and register them with the chief
executive and in accordance with the Trust's policy withdraw from decisions wheTe 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 charitie5 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.
Objertives 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 services may be delivered at the absolute discretion of the trustees a5 they
see fit. The charity's main objectives and artivities are:
Improving levels of health, fitness and wellbeing.
Developing recreational and competitive football opportunities at all levels.
Engaging people from all communities and backgrounds in socially inclusive activity.
Driving up the participation in sport and physical activity.
Improving academic attainment.

NOThINGHAM FOREST COMMUNITY TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Achievements
In the past year. Nottingham Forest Community TfLlSt has continLsed its vital work and expanded its
impact, making 2023 one of our most fulFillin8 years.
The Trust has adeplly carrie(l out it5 mission through strategic partnerships across the city and county.
engaging Wlth public, private. and third-sector organizations to drive real change. These collaborative
efforts are designed to leverage ihe unique strength5 of each sector, enhancing the scope and
effectiveness of our community initiatives.
It's always challenging to highlight specific achievements without overshadowing others, as every aspect
of the Trust's work is crucial. Nevertheless. the impressive results achieved this year underscore the
substantial impact of our joint efforts..
19,460 porticiponts engoged in the Holiduy Food Progromme
84.OCQ meals provided os port of the Holidoy Food Progromme
194 ormedfvrces veterans engoged in regulor sociol ond phy5icoI octivities.
4.400 hours of operotion ot the Forestsports Zone FootbollAocility-
58 Tricky to Tolk mental heolth sessions delivered.
1.119 children porticipoted in officiol Forestsoccer School cooching sessions.
6.106 Primory School pupils erjguged in the Premier Leogue Primorystors programme.
119 teochers supported in the clossroom ond during PE lessons.
690 hours of post 16 eductstion leurning delivered.
50 young people engaged infvll time post 16 8TECprogmmmes.
2,700 hours work experierjce offered to young people.
1,500 complimentGry Nottingham Forest motch tickets distributed to locolfom1l￿5.
4,500 Nottinghom Forest huts. gloves andsnoods distributed to lo¢ulAomilie5.
312 youth outreoch sessions delivered in Nottinghom City Centre.
Nottinghom Forest Community Trust 5toff delivered380 hours of volunteering ot NHS
voccinotion centres.
These initiatives not only support local communitie5 but 3150 enhance the reputation of Nottingham
Forest as a club deeply embedded in rts local communities. They reflect the commitment to being more
than just a football club, but a comrnunity dedicated to makin8 a POSltive difference to ihose in need.
Looking ahead, the Trust IS Set to bulld on our successe5 and continue to support more individuals and
communities in need. The board is excited about the potential to deepen our impact in the future,
fostering an environment where community and club grow tO8ether.
The Trust approaches the future wrth excitement and optimism, confident that we can achieve even
greater things.

NOThINGHAM FOREST COMMUNITY TRUST
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Public benefit statement
The activities 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 dutie5 under section 17 of the Charities Act 2011 to have due
regard to public benefit guidance published by the Charities Commission.
Financial review
The highlights of the year were as follows".
The charity made an overall surplus of £134.661 {2022= £18,110)
Our total income for theyearwas £2.060,95012022'. £2.312,674}.
The Forest Sports Zone recorded income in the year of £259,49312022: £253.0741
Our education programmes increased in the yearwith the growth of the Prernier League
Inspires programme and strong participation again in our Premier League Primary Stars
offer. The five-year Think Big, programme in partnership with Ideagen, which connects
voung people to the world of technology and the benefits of a career in technology, has
continued successfully. Our BTEC and Foundation degree programmes had a stable
year, and delivery has continued on the Multiply ladult numeracy) programme.
There has once again been a very positive relationship with Nottingham Forest Football
Club, and we were verygrateful for the generous donation5 and support in the year.
Our Health income stream 15 lower this year due to a lower Holiday Activity Fund IHAFI
programme from Nottingham City Council. However. City and County HAF programmes
continued to allow u5 to deliver a wide range of physical and creative activities along
with the provision of healthy food for children and young people during school holiday
periods. aimed at supporting those families who are in the greatest need. We are also
very pleased to have launched a new Healthy Communitie5 programme which is a
comprehensive health and wellbeing programme that encompasses interventions for
both physical and mental health. The pro8ramme involves collaboration between
various practitioners and partners from different sectors across the City and
County. This diversifies our health offering and has attracted further fundin8 into 2024.
Our inclusion programmes increased in the year with a new Forest Futures programme,
mentoring programme which supports children and young people to reduce rlsk
factors associated with violent crime. and our Kicks programmes which provide free
football session5 and form part of a wider intention to offer young people opportunities
in the area. raising their aspiration5 and pride for their surroundings. Participant funded
programmes grew in the year with hiEh attendance at Nottingham Forest Official Soccer
Schools.
The average headcount increased to 5612022.521 reflecting the growth at the Trust.

NO￿INGHAm FOREST COMMUNITY TRUST
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Future Ouilook
As we look to the future. our goal is to hame5s our 30 years of experience and successes to deliver
even greater impact by supportinB those who need u5 rnOSt_ By strengthening existin8 partnerships
nd cultivating new ones across the private, public, and third sectors. we aim to expand our reach and
deepen our impact. Our commitment to being accessible and dedicated to our cornmunities is
fundamental to achieving our objettives and ensuring our support extends well beyond the realm of
football.
Our vision remains resolute.. to be a catalyst for positive change in the lives of those who need it most.
This vis&on is upheld by our core value5.' acce55ibility, commitment. and progressiveness. and our
mission to PTovide unwèvering support to individuals. organisations and comrnunities.
We will continue to concentrate on three strategic areas-
l. Enhancin8 Health and Wellbeing
Promoting physical and mental health through community initiatives and activitv
prografflmes.
Providing resource5 and 5UPPOrt for mental health and wellness.
Creating high qualily spaces and facilities for people to be more actNe and connected.
2. Empoweting through Edutation and Employment
Increasing access to high-quality education and training opportunities.
Equippin8 intjividuals with the necessary skills for sustainable employrnent.
Supporting youth through edvcational programme5 and career guidance.
3. Expanding Community Engagement
Broadening the reach of our programmes to encompas5 more areas acT05S
Nottinghamshire.
Fostering a sense of community through inclusive evenis and activities.
Encouraging diversity and shared values through community initiatives.
6y focusing on these core areas, we are confident in our ability to create 3 lasting posittve impact.
Nottingham Forest Community Trust is unwavering in its commitment to supportlng those in need,
and we are dedicated to making a meaningful difference.
Reserves policy
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 re5erve5 at this level will ensure that, in the event of a
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 funds
per note 16 at 31 December 2023 are £620.171 and our estimate of 6 months recurring

NO￿INGHAm FOREST COMMUNITY TRUST
TRUSTEES, REPORT ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
expenditure is £614,362. The board are pleased to report that the charity maintained its
minimum level of reserves throughout 2023. There is £352,065 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 restrirted artivities 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 17 sets out an analysis of the assets 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 by fund basis.
Disclosuve of Infomiation to auditor
Each of the directors hos confirmed that there is no information of which they are aware which
15 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 inforrnation and to establish that
the auditors are aware of such infom)ation.
In preparing this report, the directors have taken advantage of the small companies,
exemptions provided by section 415A of the Companies Act 2(K)6.
Finally, we would like to formally thank all our funders for their continuing 5UPPOrt and our
staff for their dedication and hard work during the year.
roved by the Board of Trustees and signed on its behalf by
vons,
rustee and chair
Dated- 23 July 2024

NOTTINGHAM FORESTCOMMUNITY TRUST
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees Iwho are also directors of Nottingham Forest Community Trust for the purposes
of company lawl are responsible for preparing the Trustees, Annual Report and the financial
statements in accordance with applicable law and United Kingdom Accounting Standard5
(United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for eoch 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 cofflpany 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 accounLing estimates that are reasonable and Prudent,.
state whether applicable UK Accounting Standards have been followed, subject to
any materi31 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 charilable company and enable
them to ensure that the financial statements comply with the Companies Act 2￿6. They are
also responsible for safeguarding the assets of the charitable company and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
Statement of disclosure to our auditors
In so far as the trustees are aware at the time of approving our trustees, annual report-.
there is no relevanl audit information of which the charitable company's auditor is
unaware,. and
Ihe trustees have taken all steps that they ought to have taken to make themselves
aw3re of any relevant audit information and to establish that the auditor is aware
of that information.

Hackeryoung
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF NOTTINGHAM FORESTCOMMUNITYTRUST
We have audited the financial statements of Nottingham Forest Community Trust (the
'charitable companw) for the year ended 31 December 2023 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 o summary of
significant accounting policies. The financial reportingframework that has been applied in their
preparation is applicable law and United Kingdom Accounting Standards, including Financial
Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
give a true and fair view of the state of the charitable compan(s affairs as at 31 December
2023. 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.
Basis for opinion
We condurted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII
and applicable law. Our resF)onsibilitie5 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 statement5 in the UK. including the FRC'S Ethical Standard,
and we have fulfilled our other ethical responsibilitie5 in accordance with these requirements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a
basis for our opinion.
Conclusions relating to golng concern
In auditing the financial statements. we have concluded that the trustees. use of the going
concern ba515 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
month5 from when the financial statements are authorised for issue.
Our responsibilities and the responsibiltties of the trustees with respect to going concern are
described in the relevant sections of this report.

Hackeryoung
LIHY HackEf you￿9 ILP
INDEPENDENT AUDITOR'S REPORTTOTHE MEMBERS OF
NO￿INGHAm FOREST COMMUNITY TRUST (CONTINUED)
Other inforrnation
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 auditor's report thereon. Our opinion on the financial statements does not cover the other
information and, except to the extent otherwise explicitly stated in our report. we do not
express any form of assurance conclusion thereon.
In connettion with our audit of the financial statements. our responsibility is to read the other
information and, in doing so, consider whether the other inforn)ation is materially inconsistent
with the financial statements or our knowledge obtained in the audit or otherwise appears to
be materially mi55tated. If we identify such material inconsistencies or apparent material
misstatements, we are required to determine whether there is 3 material mi55tatement 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 re8ard.
Opinion on other matters prescribed by the Companies Art 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 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 nothin8 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 Vistted 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
io

Hackeryoung
VNY 4xk*i Youn9 IlP
6th
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
NOThINGHAM FOREST COMMUNITYTRUST (CONTINUED)
the trustees were not entitled to prepare the financial statements in accordance with the
small companies regime and take advantage of the small companies exemption in preparing
the directorg report and take advantage of the small companies exemption from the
requirement to prepare a strategic report.
Responsibilities of trustees
A5 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 being satlsfied that
they give 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 material
misstatement. whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the company's
ability to continue as a going concern, disclosin& as applicable, matters related to going
concern and using the Boing concern basis of accounting unless the director5 either intend to
liquidate the company or to cease operations. or have no realistic alternative but to do so.
Auditorfs responsibllltles for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as
a whole are free from material misstatement, whether due to fraud or error, and to issue an
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 a88re8ate, they could reasonably be expected to
influence the economic decisions of users taken on the basis of these financial 5tatement5
Irre8ularities, including fraud. are instances of non-compliance with laws and regulations. We
design procedures in line with our responsibilities. outlined above. to detert material
misstatements in respect of irregularities. including fraud. The extent to which our procedures
are capable of detecting irregularities. including fraud is detailed below:
Based on our understandin8 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 2(M)6.
We evaluated management's incentives and opportunities for fraudulent manipulation of the
li

Hackeryoung
UHY H•¢kei Ypun9 lip
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
NOTTINGHAM FOREST COMMUNITY TRUST {CONTINUED)
financial statements (including the risk of override of controls) and determined that the
principal risks were related to completeness of revenue and the charitable compan¢s net
income for the year.
Audit procedures performed included: review of the financial statement disclosures to
underlying supporting documentation. review of correspondence with and reports to the
regulators, includin8 correspondence with the Charity Commission, review of trustee meeting
minutes, enquiries of management. tracing income and expenditure to supporting
documentation. and testing of journals and evaluating whether there was evidence of bias by
the trustees that represented a risk of material misstatement due to fraud.
There are inherent limitations in the audrt 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 resultingfrom error, as fraud may involve deliberate concealment by. forexample, 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: hiipjlhvww.fic.0rg.uklaudil￿srespOn5ibil1II¢$. This
description forms part of our auditorfs report.
Use of our report
This report is made solelyto 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 might state to the charitable companvs members those matters we are required to state
to them in an auditorfs report and for no other purpose. Tothe fullest extent permitted by law,
we do not accept or assume responsibility to anyone other than the charitable company and
the charitable companvs members as a body, for our audit work. for this report. or for the
opinions we have formed.
Chris McKain1Senior Statutory Auditor)
For and on behalf of UHY Hacker Young LLP
12 Au8USt 2024
12

NorfiNGHAM FOREST COMMUNITY TRUST
STATEMENT OF FINANCIAL AcfiviTIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR TO 31 DECEMBER 2023
Unrestrirted Restricted
funds
funds
Total
2023
Total
2022
Notes
Incomin
resources from
enerated funds
Donations and legacies
Charitable activities
Investment income
Other income
Total incoming resources
85,470
85,470
78,811
815,381 1,131.535 1.946,916 2.215,077
11,202
11,202
6,291
17,362
17,362
12,495
929.415 1.131,535 2.060,950 2.312,674
Resources ex
ended
Charitable artivities
Attivities within the
community
Support costs
Total resources expended
752,818 1.088,794 1.841,612 2,202.030
30.732
53,945
84,677
92,534
783,550 1,142.739 1,926,Z89 2,294.564
Net (deficitl/surplus for
the year before transfers
Transfers between funds
Net (deficit)1surplus for
the year
145,865
111,204)
134.661
18.110
16
(12,5151
133,350
12,515
1.311
134.661
18.110
Net movement in funds
Fund balances at l January
2023
Fund balances at 31
December 2023
838.8TI
30,130
869.CM)7
850,897
972.227
31.441 1,003,668
869,007
The statement of financial activities also complies with the requirements for an income and
expenditure account under the Companies Act 2CY)6.
13

NOThINGHAM FORESTCOMMUNITY TRUST
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Notes
Fixed asset5
Tangible assets
io
8.590
11,258
Current assets
Debtors
Cash at bank and in hand
li
186,006
1,647.962
1,833,968
295,090
1,246,297
1,541,387
Creditors.. amounts falling
due within one year
12
(540,9201
1433,1881
Net current assets
1,293,048
1.108,199
Total assets less current
1,301,638
1,119,457
Provisions for liabilities
14
1297.970)
1250.4501
Net assets
1,003.668
869,007
Income funds
Unrestricted funds
Restricted funds
16
16
972.227
31,441
1.003.668
838,877
30,130
869,007
The financial 5tatement5 have been prepared accordance with the special provisions relating
to companies subject to the small companies. regime within Part 15 of the Companies Act 2006
and in accordance with the Financial Reporting Standard 102 leffective January 20151.
The notes on pages 16 to 30 form part of the financial statements. The accounts were approved
and 3uthorise
or isssje by t
e board on 23 July 2024.
J Lyons
Trustee and c
I Sanghera
Trustee
Company Registration No. 07395235
14

NOThINGHAM FOREST COMMUNITY TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR TO 31 DECEMBER 2023
Notes
2023
2022
Cash flows from operating activities
19
392,573
234,313
Cash flows from investing artivities
Payments to acquire tangible fixed assets
Interest received
{2,110)
11,202
17,8761
6.291
Net cash flow5 from Investlng artlvltles
9.092
11,5851
Net Increase In cash and cash equivalents
401.665
232,728
Cash and cash equivalents bought forward
Cash and cash equivalents carried forward
1,246,297 1,013,569
1.647.962 1,246,297
Cash and cash equlvalents conslsts of:
Cash at bank and in hand
Short term deposits
Cash and ¢ash equlvalents at 31 December
1.018.483
883,000
629,479
363,297
1,647,962 1,246,297
15

NOThINGHAM FORESTCOMMUNITY TRUST
NOTE5 TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
I. Accounting policies
1.1. General information and basis of preparation
Nottingham Forest Community Trust is a charitable company limited by guarantee
registered In England & Wale5. The address of the reElStered off ice 15 given in the legal
and administrative information in these financial statements. 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 county.
The charity constitutes a public benefit entity as ijefined by FRS 102. The financial
statements have been prepared in accordance with the second edition of the Charities
Statement of Recofflmended Practice issued in October 2019, the Financial Reporting
Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 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. Funds
Unrestricted 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 designated for other
purposes.
16

NOThINGHAM FORESTCOMMUNITY TRUST
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
1.2. Funds (continued)
Designated fund5 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 a￿ to be used in accordance with specific restrictions
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 note5 to the financial
statements.
1.3. Income recognition
Items of income are recognised and included in the accounts when all of the following
criteria are met:
The charity has entitlement to the funds,.
any performance condition5 attached to the itemlsl 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.
Incoming resour￿5 accounted for on an accruals basis and shown in the Statement of
Financial Activities represent amount5 receivable in relation to grant funding,
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 perfomied.
17

NOThINGHAM FOREST COMMUNITY TRUST
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
1.4. Expenditure
All expenditure is accounted for on the accrua15 basis. In particular. the costs 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, service delivery and project work.
1.5. Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at
annual rates calculated to write off the cost less estimated residual value of each asset
over its expected vseful life. as follows=
Office Equipment
10% - 25% straight line
1.6. Donated services
The charity does not include donated services and facilities in the statement of financial
activities a5 the charity is unable to reasonably quantify or measure the value of these
services.
1.7. Operating leases
Rentals undei operating leases are charged to the statement of financial activities on
a straight line basi5 over the lease term.
1.8. Taxation
Taxation has not been provided on the surplus for the year on the grounds that Part 11
of the Corporation Tax Act 2010 applies (tax exemption for charitable companie51. 8v
virtue of the same section, income tax deducted from investment income received has
been treated as recoverable.
1.9. Employee benefrts
The charity operates a defined contribution plan for the benefit of it5
employees. Contributions are expensed as they become payable.
18

NOThINGHAM FOREST COMMUNITYTRUST
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
2. Income from donations and legacies
2023
2022
Donation from Nottingham Forest Football Club
Other donations
68.405
17,065
85,470
67,190
11,621
78,811
Total
£85.47012022: £78,811) of the above income wa5 attributable to unrestricted funds.
3. Income from tharftable actlvities
Included within income relating to attNities within the community are the following=
2023
2022
Participant funded football programmes
Education programmes
Inclusion programmes
Football development programmes
Health programmes
Facility hire
69.154
63,850
640.041
526.696
384,262
365,407
109.860
50,2
484,106
955,850
259.493
253,074
1,946.916 2,215,077
Income from charitable activities was £1.946.91612022: £2,215,077) of which £1.131.535
12022: £1,507,2(Kll was attributable to restricted funds and £815,381 {2022.' £707.8771 was
attributable to unrestricted funds.
4. Investment Income and other income
2023
2022
Investment income
Interest receivable
Other income
Vending machine sales
11,202
6,291
17,362
17,362
12,495
12.495
£17,36212022- £12.4951 of the above income was attributable to unrestricted funds.
19

NorriNGHAM FORESTCOMMUNITYTRUST
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
S. Total resources expended
Staff
costs
Other
costs
Total
2023
Total
2022
Charitable activities
Activities undertaken directly
Note 9 Notes 6,7
1,093,002
748,610 1.841.612 2,202,030
Support costs
84.677
84.677
92,534
833.287 1,926,289 2,294.564
1,093.OOZ
£1,142.73912022-. £1.513,2961 of the above cost5 were attributable to restricted funds.
£783,55012022.' £781,268) of the above costs were attributable to unrestricted funds.
Auditoes remuneration
2023
2022
Fees payable to the auditor for the audit of the charitrfs
annual accounts
8.283
6,863
6. Activities undertaken directty
2023
2022
Other costs relating to activities within the community
comprise..
Rental of facilities
Third party delivery staff
Kit & equipment
Participant events
Food provision
Administrative costs
Marketing costs
Travel costs
Depreciation
Utility Costs
Vending machine costs
Replacement of artificial pitch surface
Maintenance costs
30,317
242.587
70,047
19.015
61.025
30.227
75.035
33,754
4.778
54,332
13.634
47,520
66.339
49,710
390.839
89,280
9,694
290,949
32,541
109,009
28,506
6.278
39,115
12.052
47,520
47.448
748.610
1,152,941
£453,711 12022.. £73S.343} of the above costs were attributable to restricted funds.
£294,89912022: £417.5981 of the above c05t5 were attributable to unrestricted funds.
20

NOThINGHAM FORESTCOMMUNITY TRUST
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
7. Support costs
2023
2022
Other support Costs comprise:
Training
Legal and professional fees
Accountancy fees
Audit fees
Finance charges
Sundries
10,628
27,022
27,025
8,283
5,281
6,438
84.677
7.936
39,521
29.270
6,863
4,087
4.857
92.534
£53,94512022: £71.7141 of the above costs were attributable to restricted funds. £30,732
12022.. £20,820) of the above costs were attributable to unrestricted funds.
8. Trustees. aTbd key management personnel remuneration and expenses
Key management
The total amount of employee benefits received by key management personnel is £248,997
12022: £297,857). 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. Head of Education, Training and
Employment and the Safeguarding Manager.
Trustees, remuneration, benefits and reimbursed expenses
During 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 2023
9. Employment costs
Z023
2022
Wages and salaries
Social Security costs
Defined contribution pension cosls
994.968
76,692
21,342
1,093,002
955,958
74,414
18,717
1,049,089
There was one employee whose annual remuneration fell within the £70,001-£80,000
band. In 2022, there was one employee whose annu31 remuneration fell within the
£80,001-£90,0(K) band and one employee whose annual remuneration fell within the
£60,001-£70.OCK) band.
The average number of employee5 during the year was 5612022= 521.
10. Tangible fixed assets
Office
equipment
Total
Cost
At l January 2023
Additions
Disposals
At 31 December 2023
30,677
2.110
(900)
31.887
30,677
2,110
19001
31,887
Depreciation
At l January 2023
Charge for the period
Disposals
At 31 December 2023
19,419
4.778
19001
23,297
19,419
4.778
19001
23,297
Net book value
At 31 December 2023
8,590
8,590
At 31 December 2022
11.258
11.258
22

NOThINGHAM FORESTCOMMUNITYTRUST
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
11. Debtors
2023
2022
Trade debtors
Accrued income
Other debtors
1,086
179.264
5,656
186,006
38,638
250.490
5.962
295,090
12. Creditors: amounts falling due wlthln one year
2023
2022
Trade creditors
Payroll creditor
Accruals
Deferred income {note 131
40.263
5.734
74.683
420,240
540.920
16,362
43,154
176,609
197,063
433,188
13. Deferred income
As at l Released Deferred
A5at31
January
Inthe
In the December
2023
year
vear
2023
Deferred income
197,063 1197.0631 420.240
197,063 1197,0631 420,240
420,420
420,420
Income has been deferred where there are performance-related conditions that have not
been met at the balance sheet date.
23

NorriNGHAM FOREST COMMUNITY TRUST
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
14. Provisions for liabilities
As at l Released Charged
Asat31
January
in the
in the December
2023
2023
year
year
Provision for replacement of
artificial pitch surface
250,450
47,520
297,970
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 10 years.
15. Related parties
The trustees consider that Nottingham Forest Football Club Ltd 1.the football club") 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
webslte. The charity delivers major community engagement programmes across
Nottingham and Nottinghamshire at no cost to the club and create5 a positive 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
Services received or provided, so they have not been recorded in the financial statements.
There is a net balance owing from ihe football club at 31 December 2023 of £49,28512022:
£39,512).
The charity ha5 not provided services to any companie512022'. none) in which trustees have
an interest.
24

NOTTINGHAM FORESTCOMMUNITY TRUST
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
16. Reconclliatlon of funds
Reconciliation of funds- current year
Unrestricted funds
A5atl
January
2023
Income
Outgoing Transfer5
funds
Asat31
December
2023
Unrestricted
Designated A
551,792
1758,521) 1102,515)
287,085
{25,0291
90,0
838,877 929,415 1783,5501 112.5151
929.415
620,171
352,056
972,227
Restricted funds
A5atl
January
2023
Income
Outgoing Transfers
funds
Asat31
December
2023
PL Kicks
PL Primary Stars
PL Core
PL PFA Fund
PL Inspires
PL Forest Futures
PL Healthy Communities
Emerging Talent Club
Forest Forces
Knife Crime
Holiday Activity Food
Multiply
Social Recovery Fund
Street Games
Broxtowe Kicks
Newark & Sherwood PLPS
2.229
100,(M)O
75,OLX)
142.596
10,975
75,OtJ)
73.353
11.781
25,0(M)
17.875
17.5(Ki
459.752
56.769
199,4211
{75,0001
1142,5981
{11.0861
{79.579}
{73.311}
{11,781)
{io,0001
19,8601
130,0151
1459,7521
156,7691
15,1131
4.000
120,OCK)I
14,900
111.4201
47,034
147.0341
30,130 1.131.535 11.142.739)
2,808
{252)
12541
Iiiii
4.579
42
Is,000
8,405
390
12,515
7,184
16.(KM)
2,071
3.480
12.515
31,441
25

NOThINGHAM FORESTCOMMUNITY TRUST
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
16. Reconciliation of funds Icontinuedl
Reconciliation of funds- prior year
Unrestricted funds
Asatl
January
2022
Income
Outgoing Transfers
funds
A5at31
December
2022
Unrestricted
Oesignated A
477.970
357,259
835.229
805.474
1711.0941 120.5581
170.1741
{781,2681 {20.5581
551,792
287,085
838,877
805.474
Restricted funds
Asatl
January
2022
Income
Outgoing Transfers
fund5
A5at31
December
2022
PL Kicks
PL Primary Stars
PL Core
PL Targeted
PL Inspires
Regional Talent Club
Forest Forces
Knife Crime
Holiday Activity Food
Multiplv
Social Recovery Fund
street Games
117.860
143,969
54.075
23.627
25,(KK)
16.660
33,625
92.51X)
950,446
18.538
14,9(Kl
16,0
15.668 1.507.200 11.513.296}
{115.6311
1143,969}
155,1421
125.9471
120.4211
117.6951
146,2611
1111,5301
1950.4461
118,5381
17.716)
2,229
815
1.827
12521
493
4,579
1,035
13,026
390
19,030
7,184
16.000
30,130
20,558
Fund descrlptlons
al Unrestricted funds
Unrestricted fund5 represent the free funds of the charity.
26

NOThINGHAM FOREST COMMUNITY TRUST
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
16. Reconciliation of funds (continued)
bl Designated Funds
Designated A has been set-aside by the trustees to be spent on expanding areas within
the charity such as additional governance roles. investing in facilities, leveraging
external investment opportunities, and marketing. Spend of £25.029 has been incurred
during 2023 and a further £90.0(h) has been designated.
cl Restricted funds
PL Klcks- Premier League Kicks offers children and young people aged 8-18 years of age the
opportunity to realise their potential through sport. A wide range of multi-sport activity is
delivered including football. table tennis. handball and boxing.
PL Primary Star5- 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 coache5 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 League and that meet its aims and objectives.
PL PFA Fund-this funds the Media Coordinator role which helps to develop the relationship
between NFCT and the playing departments of Nottingham Forest Football Club, specifically
the First Team, Forest Women, Under 23's and academy.
PL Inspires - Premier League In5pire5 is an education programme aimed at young people
aged between 11-18 years which uses the appeal of the Premier League and professional
football clubs to support those who are marginalised or at risk of not reaching their
potential. Participants to develop their personal skills and positive attitudes to succeed in
life.
PL Forest F￿ureS
NFCT are working in partnership with the Nottingham and
Nottinghamshire Violence Reduction Unit INNVRU) delivering an evidence based mentoring
programme which supports children and young people to reduce risk factors associated
wlth violent crime.
PL Healthy Communities
A comprehensive health and wellbeing programme that
encompasses interventions for both physical and mental health, collaborating with various
practitioners and partners from different sedors across the City and Countv.
27

NOTTINGHAM FOREST COMMUNITYTRUST
NOTES TO THE ACCOUNTS {CONTINUEDI
FOR THE YEAR ENDED 310ECEMBER 2023
16. Reconciliation of fvnds (continued)
cl Restricted funds (continued)
Emerging Talent Club
NFC[ in collaboration with NFFC offer a sustainable football
pathway for girls that offers significantly increased opportunities to play football for the
first tirne, enhance the football experience for those girls already playing and offer routes
into elite programmes locally and nationallv.
Forest Forces
Funded by the Armed Fofces Covenant Fund. Forest Forces supports
Nottinghamshire's veterans to lead a healthier and more connected life.
Knife Crime
Funded by the Police and Crime Commissioner, the Knife Crime delivery
involves creating a central hub for the delivery of sports activity and workshops which
involved young people already in the justice system. The workshops fotussed on the
consequences of knife trime, positive mental health. avoiding conflict and building
relationships.
Holiday A¢tivity Food - The Holiday Activity Food IHAFI 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.
Multiply - Multiply is funded by Nottingham City Council and delivefs targeted numeracv
provision to adults aged 19 year5 and above, up to and including Level 2. The programme's
aim is to b005t people's ability to use maths in their daily life at home and work. All
workshops are fun, interactive and challenge negative thoughts and e¥periences of maths.
Social Recovery- Funded by Newarkand Sherwood Council. this programme supportsolder
people, especially those at risk of isolation across Nottinghamshire. The programme offers
opportunitie5 for participants to safely take part in physical activity sessions, targeting
general health and fitness. along with health walks and mobility exercise5.
Street Games This programme uses sport to enhance positive outcome5 for vulnerable
Young people, aged 10-17. at risk of involvement in crime. anti-social behaviour and serious
violence.
Broxtowe Kicks- Providing free football sessions and forming part of a wider intention to
offer young people opportunities in the area. raising their aspirations and pride for their
surroundings. Working with Antlsocial Behaviour teams, Op Reacher and The
Neighbourhood Police team to help reduce crime within the locality.
28

NOThINGHAM FOREST COMMUNITY TRUST
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
16. Reconciliation of fund5 (continued)
cl Restricted funds Icontinuedl
Newark & Sherwood PLPS- Supporting local young people to develop ski115. drive social
action and improve health and wellbeing through a combination of enhanced physical
education provision. engagement in social artion and volunteering projects and
educational opportunitie5 surrounding mental health, and healthy lifestyles and eating.
PL Targeted - PL Targeted is funding from the Premier League and 15 an intervention
designed to work with young people who are identified as being, or at risk of becoming.
perpetrators or victims of youth violence.
Regional Talent Club The Nottingham Forest Girls Region Tolent Club IRTCI 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.
17. Analysis of net assets between funds
Unrestricted Designated Re5trirted
funds
funds
funds
Total
Tangible fixed assets
Cash and cash equivalents
other current assets/liabilities
Provisions
8.590
1.002.724
193.1731
1297.9701
620.171
8,590
293,182 1,647,962
1261.7411 1354,914)
{297,9701
31,441 1.003,668
352,056
352,056
18. Operating lease arrangements
Total future minimum lease payments due under non-cancellable operating leases are as
follows:
Expiry date:
2023
2022
Within one year
Between two and five years
7.817
9,257
1,682
10,939
7.817
29

NorriNGHAM FOREST COMMUNITY TRUST
NOTES TO THE ACCOUNTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
19. Reconciliation of net income l (expenditure) to net tash ftow5 from operating activlties
2023
2022
Net income for year
134.661
18,110
Interest receivable
Depreciation of fixed assets
Post-employment benefit5 less payments
Provisions less payments
Ilncreasel I decrease in debtors
Increase / Idecreasel in creditors
{11.2021
4,778
11,1471
47,520
109,084
108.879
16,2911
6,278
900
47,520
110.6591
178,455
Net cash flow5 from operating activities
392.573
234,313
20. Pensions and other post-retirement benefits
The charity operates a defined contribution pension plan for it5 employees. The amount
recognised as an expense in the period was £21,342 {2022= £18,717). At the balance Sheet
date. the charity had an unpaid defined pension scheme contribution of £5,73412022'.
£4,587)
In 2023 £7,675 12022-. £3.742} of the defined contribution liability was attributable to
restricted funds. In 2023 £13.66712022.. £14,975) of the defined contribution liability was
attributable to unrestricted funds.
30