Charity Registration No. 1139561 Company Registration No. 07395235 {England and Wales) NorriNGHAM FOREST COMMUNITY TRUST TRUSTEES, REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees Judith Lyons- chair Simon Forster Thomas Gribbin Christine Kane Jayne Mayled Iqbal Sanghera Hugh White Jamie Whysall Chlef executive 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 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 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST CONTENTS Page Trustees, report Statement of trustee responsibilitles Independent auditorfs report 9-12 Statement of financial activities 13 Balance sheet 14 Statement of cash flows 15 Notes to the accounts 16-31 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees are pleased to present their report and accounts for the year ended 31 December 2024. 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 IFRS 102). Structure, governance and management th The charity is a company limited byguarantee, incorporated on 4 October 2010 and registered th as a charity on 29 December 2010. The trustees, who are also the directors for the purpose of company law, who served during the year and since the year end were: Simon Forster (appointed 10 December 2024) Christine Kane (appointed 23 June 20251 Thomas Gribbin (appointed 23 June 2025) Judith Lyons Jayne Mayled Iqbal Sanghera Hugh White Jamie Whysall Nicholas Randall K.C. (resigned 10 December 2024) Oonagh Turnbull (resigned 4 June 2024) 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 Jayne Mayled and Jamie Whysall retire by rotation and offer themselves for reappointment. The charity's articles of association require that a trustee appointed by a resolution of the other trustees must retire at the next annual general meeting. In addition, at every annual general meeting one third of the trustees, or the number nearest to one third, must retire from office. The trustees to retire by rotation are those who have been longest in office since their last appointment. Trustees are given an appropriate level of induction and training. This is dependent on the individual's requirements and knowledge of the charity's activities. All trustees are reminded ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 of their statutory obligations and given appropriate guidance and training on their responsibil ities as trustees. 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 their regular review of the board's skills and experience, the trustees appoint a number of advisors to the board. Board advisors bring distinctive knowledge on different aspects of the charity's operations to complement the existingtrustees. Board advisors 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 N icholson 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 McGovern The board meets five times a year. During 2024 the finance committee met bi-monthly to consider the management accounts and the remuneration committee met once to review the staff pay and conditions and to ensure that all salaries are fair, benchmarked and proportionate with the complexity of each role. The Trust also has a Governance, Compliance and People committee and an Innovation, Impact, Equality, Diversity and Inclusion committee which ensure the Trust is continually looking at ways of making a greater impact in the communities where we work and developing new ideas in line with the charit¢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 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 has the power to make any investment which the trustees see fit. ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees have developed a comprehensive business risk register which is reviewed at least quarterly. The trustees are satisfied that Systems are in place to mitigate exposure to the major risks. 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 implementation 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 charity's activities. including working with many young people. great emphasis is placed on the quality of the charit¢s recruitment. employment, training. health and safety and safeguarding policies and procedures. One of the trustees has specific responsibility for overseeing the charity's safeguarding policy and procedures and reports to the board at every meeting. These procedures are periodically reviewed to ensure that they meet the needs of the charity. Nottingham Forest Community Trust has now mapped its governance processes against the Charity Governance Code. and is using the Code to support continuous improvement. The Trust measures its progress against the Code by using the seven principle5 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 disclose all relevant interests and register them with the chief executive and in accordance with the Trust's policy withdraw from decisions where a conflict of interest arises. The pay of the senior management personnel is reviewed annually and normally increased in accordance with average earnings and set at market rates. 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. Objectives and activities Nottingham Forest Community Trust delivers high quality football, physical activity and education programmes to people of all ages and abilities in Nottingham and across the county. Other charitable seniices may be delivered at the absolute discretion of the trustees as they see fit. The charity's main objectives and activities are= Improving levels of health, fitness and wellbeing. Developing recreational and competitive football opportunities at all levels. ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Engaging people from all communities and backgrounds in socially inclusive activity. Driving up the participation in sport and physical activity. Improving academic attainment. Achievements In 2024, Nottingham Forest Community Trust continued to grow its reach and deepen its local impact. With a renewed focus on community wellbeing, inclusion, and data-informed delivery, the Trust successfully advanced its mission of creating stronger, healthier, and more connected communities- using the power of football to lead social change. Collaborating with partners across the public, private, and third sectors. we delivered targeted programmes that responded to local needs, continued to break down barriers, and created opportunities for people of all ages and backgrounds. Soccer Schools Delivered fun, inclusive holiday sessions to 4,640 children aged 6-12, developing their football skills and boosting confidence through positive play. Think Big - Our flagship personal development programme reached 18,265 young people, helping them build confidence, develop new skills, and engage in meaningful social action. Premier League Primary Stars Reached 10,156 pupils in primary schools, using sport to support learning, physical literacy, teamwork, and resilience. Premier League Inspires - Supported 760 secondary school pupils at risk of disengagement, helping them develop resilience, confidence, and future aspirations. Premier League Kicks Engaged 12,120 young people through free football sessions and workshops focused on community safety, personal growth, and making positive life choices. Holiday Activities & Food {HAF)- Provided holiday-time support for 5,634 children, combining engaging activities with nutritious meals. Community Corner- Introduced at every home matchdayto offer family-friendly activities and a platform to highlight social issues. Ramadan Iftar- Hosted a community-wide Iftar in partnership with Himmah, bringing people together at The City Ground to mark Ramadan. Forest Futures, Forest Forces & Welcome Through Football Supported vulnerable groups including care leavers, veterans and refugees through targeted initiatives. Strategic & Club Collaboration Successes: Strengthened our impact measurement and evaluation strategy. ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Deepened partnerships with schools, local authorities, and health providers. Continued strong collaboration with Nottingham Forest FC, including: Matchday presence and Community Corner at every home game. Supported club-led charitable initiatives, including the Home for Christmas campaign and Open Training Session. Assisted in the collection and management of over 4,OOOkg of essential donations for local fa milies at Christmas. Ongoing engagement with first-team ambassadors such a5 Harry Toffolo, helping raise the profile of our programmes. As we approach 2025, the Trust remains focused on expanding its reach, refining its delivery, and ensuring our work continues to meet the needs of local communities. We are proud to represent a club thavs rooted in purpose, people, and place, and will continue to use the power of football to lead positive social change. Financial review The highlights of the year were as follows: The charity made an overall surplus of £105,01712023: £134,661) Our total income for the year was £2,277,031 (2023: £2,060,950). The Forest Sports Zone recorded income in the year of £258,539 (2023: £259,493) There has once again been a very posltive relationship with Nottingham Forest Football Club, and we were very grateful for the generous donations and support in the year. Our education programmes decreased slightly in the year as the BTEC and Foundation degree programmes provision was restructured. A new Community Sports Coaching CIMSPA-accredited course in partnership with West Notts College has been launched for September 2025. The Premier League Inspires programme continues to grow and there was strong participation again in our Premier League Primary Stars offer. The five- year Yhink Big, programme in partnership with Ideagen, which connects young people to the world of technology and the benefits of a career in technology, has continued successfully. Our Health income stream has been strong this year with the continuation of the Healthy Communities programme which is a comprehensive health and wellbeing programme that encompasses interventions for both physical and mental health. The programme involves collaboration between various practitioners and partners from different sectors across the City and County. This diversifies our health offering and has attracted further funding in 2024. The City and County HAF programmes have continued to allow us 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. ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Our inclusion programmes increased in the year with continuation of the Forest Futures programme, a mentoring programme which supports children and young people to reduce risk factors associated with violent crime. In addition, additional funding was obtained for our Kicks programmes which provide free football sessions and form part of a wider intention to offer young people opportunities in the area, raising their aspirations and pride for their surroundings. Participant funded programmes grew in the year with high attendance at Nottingham Forest Official Soccer Schools. The average headcount increased to 6112023: 56) reflecting the growth at the Trust. 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 duties under section 17 of the Charitie5 Act 2011 to have due regard to public benefit guidance published by the Charities Commission. Future Outlook As we look to the future, our goal is to harness our 30 years of experience and successes to deliver even greater impact by supporting those who need us most. By strengthening existing Partnerships and cultivating new ones across the private, public, and third sector5, we aim to expand our reach and deepen our impact. Our commitment to being accessible and dedicated to our communities is fundamental to achieving our objectives 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 vision is upheld by our core values: accessibility, commitment, and progressiveness, and our mission to provide unwavering support to individuals, organisations and communities. We will continue to concentrate on three strategic areas: l. Enhancing Health and Wellbeing Promoting physical and mental health through community initiatives and activity programmes. Providing resources and support for mental health and wellness. Creating high quality spaces and facilities for people to be more active and connected. 2. Empowering through Education and Employment Increasing access to high-quality education and training opportunities. Equipping individuals with the necessary skills for sustainable employment. Supporting youth through educational programmes and career guidance. ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 3. Expanding Community Engagement Broadening the reach of our programmes to encompass more areas across Nottinghamshire. Fostering a sense of community through inclusive events and activities. Encouraging diversity and shared values through community initiatives. By focusing on these core areas, we are confident in our ability to create a lasting positive impact. Nottingham Forest Community Trust is unwavering in its commitment to supporting 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 reserves 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 2024 are £686,685 and our estimate of 6 months recurring expenditure is £642,924. The board are pleased to report that the charity maintained its minimum level of reserves throughout 2024. There is £400,000 in a designated fund to expand areas within the charity including additional governance roles, leveraging external investment opportunities, investment in facilities and supporting the redevelopment of the Forest Sports Zone. 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 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. Disclosure of information to auditor Each of the directors has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditors are aware of such information. ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 In preparing this report, the directors have taken advantage of the small companies, exemptions provided by section 415A of the Companies Act 2006. Finally, we would like to formally thank all our funders for their continuing support and our staff for their dedication and hard work during the year. Approved by the Board of Trustees and signed on its behalf by £¢/orfd J Lyons, Trustee and chair Dated: 16 September 2025 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees {who are also directors of Nottingham Forest Community Trust for the purposes of company law} are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently; observe the methods and principle5 in the Charities SORP 2015 {FRS 102)- make judgements and accounting estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustee5 are responsible for the maintenance and integrity of the corporate and financial information included on the charitable companvs website. Legislation in the United Kingdom governing the preparation and dissemination of financial statement5 may differ from legislation in otherjurisdictions. 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 relevant audit information of which the charitable company's 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. ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
UHY 14 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF NOThINGHAM FOREST COMMUNITY TRUST We have audited the financial statement5 of Nottingham Forest Community Trust (the 'charitable company,) for the year ended 31 December 2024 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, including a 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 2024, 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 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirement5 that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirement5. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial 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 company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
UHY 14 P¥k Po Other information 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 connertion with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Opinion on other matters prescribed by the Companies Act 2006 In our opinion based on the work undertaken in the course of the audit: 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 andtake advantage of the 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 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
UHY 14 P¥k Po Responsibilities 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 being satisfied 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 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 responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditorfs report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures a re capable of detecting irregularities, including fraud is detailed below: Based on our understanding of the charitable company and the industry in which it operates, we identified that the principal risks of non-compliance with laws and regulations related to the acts by the charitable company, which were contrary to applicable laws and regulations including fraud, and we considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements {including the risk of override of controls), and determined that the principal risks were related to completeness of revenue and the charitable company's net income forthe year. Audit procedures performed included.- review of the financial statement disclosures to underlying supporting documentation, review of correspondence with and reports to the regulators, including correspondence with the Charity Commission, review of trustee meeting li ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
UHY 14 P¥k Po 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 audit procedures described above and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: hltp.1.frc.Org.ukJaudlt0rsreSponSlbllitles. This description forms part of our auditorfs report. Use of our report This report is made solely to the charitable compan¢s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable companvs members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable companTrls members as a body, for our audit work, for this report, or for the opinions we have formed. Ghris Chris McKain (Senior Statutory Auditor) For and on behalf of UHY Hacker Young LLP, Statutory Auditor Date: 16 September 2025 12 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST STATEMENT OF FINANCIAL AcfiviTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR TO 31 DECEMBER 2024 Unrestrirted Restricted funds funds Total 2024 Total 2023 Notes Incomin resources from enerated funds Donations and legacies Charitable activities Investment income Other income Total incoming resources 87,148 87,148 85,470 785.025 1.352.650 2.137.675 1,946,916 35,119 35,119 11,202 17,089 17,089 17,362 924.381 1,352,650 2.277,031 2,060,950 Resources ex ended Charitable activities Activities within the community Support costs Total resources expended 795.491 1,245,372 2,040,863 1,841,612 14,432 116,719 131,151 84,677 809,923 1,362,091 2,172,014 1,926,289 Net surplus / {deficit) for the year before transfers Transfers between funds Net surplus / (deficit) for the year 114,458 (9,441) 105,017 134,661 16 114.458 (9,441) 105,017 134,661 Net movement in funds Fund balances at l January Fund balances at 31 December 972.227 1,086,685 31.441 1.003.668 869,007 22,000 1,108,685 1,003,668 The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. 13 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST BALANCE SHEEr AS AT 31 DECEMBER 2024 2024 2023 Notes Fixed assets Tangible assets io 14.308 8,590 Current assets Debtors Cash at bank and in hand 11 256,325 1,749,153 2.005,478 186,006 1,647,962 1,833,968 Creditors: amounts falling due within one year 12 (583.131) 1540,9201 Net current assets 1,422,347 1,293,048 Total assets less current liabilities 1.436.655 1,301,638 Provisions for liabilities 14 (327,970) {297,970} Net assets 1,108,685 1,003,668 Income funds Unrestricted funds Restricted funds 16 16 1,086,685 22,000 1.108.685 972,227 31,441 1,003,668 The financial statements have been prepared in 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. The notes on pages 16 to 31 form part of the financial statements. The accounts were approved and authorised for issue by the board on 16 September 2025. S S4rt9Aee4 I Sanghera Trustee J Lyons Trustee and chair Company Registration No. 07395235 14 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST STATEMENT OF CASH FLOWS FOR THE YEAR TO 31 DECEMBER 2024 Notes 2024 2023 Cash flows from operating activities 19 76,559 392,573 Cash flows from investing activities Payments to acquire tangible fixed assets Interest received 110,487) 35,119 (2,110) 11,202 Net cash flows from investing activities 24,632 9,092 Net increase in cash and cash equivalents 101.191 401,665 Cash and cash equivalents bought forward Cash and cash equivalents carried fonvard 1,647,962 1,246,297 1,749,153 1,647,962 Cash and cash equivalents consists of: Cash at bank and in hand Short term deposits Cash and cash equivalents at 31 December 1,153,835 1,018,483 595,318 629,479 1,749,153 1,647,962 15 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 l. Accounting policies 1.1. General information and basis of preparation Nottingham Forest Community Trust is a charitable company limited by guarantee registered in England & Wales. The address of the registered office is given in the legal and administrative information in these financial 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 defined by FRS 102. The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland {FRS 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 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 1.2. Funds Icontinued) Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. 1.3. Income recognition Items of income are recognised and included in the accounts when all of the following criteria are met: The charity has entitlement to the funds; any performance conditions attached to the item(s) 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 resources accounted for on an accruals basis and shown in the Statement of Financial Activities represent amounts 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 performed. 17 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 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 cost5 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 useful life, as follows: Office Equipment IOY.- 25% straight line 1.6. Donated services The charity does not include donated services and facilities in the statement of financial activities as the charity is unable to reasonably quantify or measure the value of these services. 1.7. Operating leases Rentals under operating leases are charged to the statement of financial activities on a straight line basis over the lease term. 1.8. Taxation Taxation has not been provided on the surplus for the year on the grounds that Part 11 of the Corporation Tax Act 2010 applies (tax exemption for charitable companies). By virtue of the same section, income tax deducted from investment income received has been treated as recoverable. 1.9. Employee benefits The charity operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable. I.10.Cash and cash equivalents Cash and cash equivalents consist of cash at bank and in hand and short-term deposits (considered to be 120 days or less). 18 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 2. Income from donations and legacies 2024 2023 Donation from Nottingham Forest Football Club Other donations 81,723 5.425 87,148 68,405 17,065 85,470 Total £87,148 {2023: £85,470) of the above income was attributable to unrestricted funds. 3. Income from charitable activities Included within income relating to activities within the community are the following: 2024 2023 Participant funded football programmes Education programmes Inclusion programmes Football development programmes Health programmes Facility hire 69,926 69,154 618,458 640,041 531,851 384,262 85,133 109,860 573,768 484,106 258,539 259,493 2,137,675 1,946,916 Income from charitable 3Ctivities was £2,137,675 (2023: £1,1946,9161 of which £1,352,650 (2023: £1,131,535) was attributable to restricted funds and £785,02512023: £815,381) was attributable to unrestricted funds. 4. Investment income and other income 2024 2023 Investment income Interest receivable Other income Vending machine sales 35,119 11,202 17,089 17,089 17,362 17,362 £35,11912023: £11,202) of the Investment income was attributable to unrestricted funds. £17,089 {2023: £17,362) of the Other income was attributable to unrestricted funds. 19 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 5. Total resources expended Staff costs Other costs Total 2024 Total 2023 Charitable activities Activities undertaken directly Note 9 Notes 6.7 1.307.457 733.406 2.040.863 1,841,612 Support costs 131,151 131,151 84,677 864,557 2,172,014 1,926,289 1,307.457 £1,362,091 (2023: £1,142,739) of the above costs were attributable to restricted funds. £809,923 {2023: £783,550) of the above costs were attributable to unrestricted funds. Auditorfs remuneration 2024 2023 Fees payable to the auditor for the audit of the charit5 annual accounts 8,880 8,283 6. Activities undertaken directly 2024 2023 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 79,943 193,415 48,800 46,110 59,737 37,747 83,149 53,033 4.769 56,525 14,141 30,000 26,037 30,317 242,587 70,047 19,015 61,025 30,227 75,035 33,754 4,778 54,332 13,634 47,520 66,339 733,406 748,610 £460,697 12023: £453,711} of the above costs were attributable to restricted funds. £272,70912023: £294,899) of the above costs were attributable to unrestricted funds. 20 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 7. Support costs 2024 2023 Other support costs comprise: Training Legal and professional fees Accountancy fees Audit fees Finance charges Sundries 13.165 70,226 28,320 8,880 6.761 3,799 131,151 10,628 27,022 27,025 8,283 5,281 6,438 84,677 £116,719 {2023: £53,945) of the above costs were attributable to restricted funds. £14,432 {2023: £30,732) of the above costs were attributable to unrestricted funds. 8. Trustees, and key management personnel remuneration and expenses Key management The total amount of employee benefits received by key management personnel is £298,984 {2023: £248,997). The average number of key management personnel during the year was 6 12023: 5}. The Trust considers its key management personnel comprise the Chief Executive Officer, the Head of Operations, Head of Marketing and Communications, Head of Programmes, the Finance Manager, the People Manager 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 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 9. Employment costs 2024 2023 Wages and salaries Social security costs Defined contribution pension costs 1,186,024 94.844 26,589 1,307,457 994,968 76,692 21,342 1,093,002 There was one employee {2023: one) whose annual remuneration fell within the £70,001- £80,000 band. The average number of employees during the year was 6112023: 56). 10. Tangible fixed assets Office equipment Total Cost At l January 2024 Additions At 31 December 2024 31,887 10,487 42,374 31,887 10,487 42,374 Depreciation At l January 2024 Charge for the period At 31 December 2024 23.297 4,769 28.066 23,297 4,769 28.066 Net book value At 31 December 2024 14,308 14,308 At 31 December 2023 8,590 8,590 22 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 11. Debtors 2024 2023 Trade debtors Accrued income Other debtors 80,806 166.116 9,403 256,325 1,086 179,264 5,656 186,006 12. Creditors: amounts falling due within one year 2024 2023 Trade creditors Payroll cred itor Accruals Deferred income (note 13} 16,199 5,773 63,447 497,712 583.131 40,263 5,734 74,683 420,240 540,920 13. Deferred income As at l Released Deferred Asat31 January in the in the December 2024 2024 year year Deferred income 420,420 (420,420} 497,712 420,420 1420,420) 497,712 497,712 497,712 Income has been deferred where there are performance-related conditions that have not been met at the balance sheet date. 23 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 14. Provisions for liabilities As at l Released Charged Asat31 January in the in the December 2024 2024 year year Provision for replacement of artificial pitch surface 297,970 30,000 327,970 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. The pitch is expected to be replaced during 2025. 15. Related parties The trustees consider that Nottingham Forest Football Club Ltd ("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 off icial club website. The charity delivers major community engagement programmes across Nottingham and Nottinghamshire at no cost to the club and creates a positive profile for the club 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 the football club at 31 December 2024 of £49,37612023: £49,285). The charity has not provided services to any companies {2023= none) in which trustees have an interest. 24 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 16. Reconciliation of funds Reconciliation of funds- current year Unrestricted funds Asatl January 2024 Income Outgoing Transfers funds Asat31 December 2024 Unrestricted Designated A 620,171 352,056 972,227 924,381 924,381 {778,117) 179,7501 {31,8061 79,750 {809,923) 686,685 400,000 1,086,685 Restricted funds Asatl January 2024 Income Outgoing Transfers funds Asat31 December 2024 PL Kicks PL Primary Stars PL Core PL PFA Fund PL Inspires PL Forest Futures PL Healthy Communities PL Fans Fund EmergingTalent Club Forest Forces Holiday Actlvlty Food Multiply Social Recovery Fund Broxtowe Kicks Newark & Sherwood PLPS Millions Kicks Broxtowe UKSPF Welcome Through Football Neuro Walking Football 2.808 loo.000 75,000 189,415 9,865 75,000 146,941 130,597 10,405 (101,158) (75,000) (189,161) (9,754) (75,000) (146,983) (130,597) {10,405) (15,000) (14,4841 (419,590) (39,669) (2,071) (3,480) 74,251 (74,251) 30,080 (30,080) 16,084 (16,084) 7,692 (7,692) 1,632 (1,632) 31,441 1,352,650 {1,362,091) 1,650 {2541 {iiii 42 15,000 8,405 27,240 419,590 38,858 21,161 (811) 2,071 3,480 22,000 25 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 16. Reconciliation of funds {continued) Reconciliation of funds- prior year Unrestricted funds Asatl January 2023 Income Outgoing Transfers funds Asat31 December 2023 Unrestricted Designated A 551,792 {758,521) (102,5151 287,085 {25,0291 90,000 838,877 929,415 {783,550) 112,5151 929,415 620,171 352,056 972,227 Restricted funds Asatl 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 EmergingTalent Club Forest Forces Knife Crime Holiday Activity Food Multiply Social Recovery Fund Street Games Broxtowe Kicks Newark & Sherwood PLPS 2,229 loo,000 75,000 142,596 10,975 75,000 73,353 11,781 25,000 17,875 17,500 459,752 56,769 (99,421) (75,000) (142,598) (11,086) (79,579) (73,311) (11,781) (10,000) {9,860) (30,015) (459,752) (56,769) (5,113) 4,000 (20,000) 14,900 (11,420) 47,034 (47,034) 30.130 1,131,535 {1,142,739) 2,808 {252) (254) (111) 4,579 42 Is,000 8,405 390 12,515 7,184 16,000 2,071 3,480 12,515 31,441 Fund descriptions al Unrestricted funds Unrestricted funds represent the free funds of the charity. 26 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 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 £31,806 has been incurred during 2024 and a further £79,750 has been designated. c) Restricted funds PL Kicks- 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 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 progr3mmes that receive funding from the Premier League and that meet its aims and objectives. PL PFA Fund-this fundsthe 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 23,5 and academy. PL Inspires - Premier League Inspires is an education programme aimed at young people aged between 11-18 years. It 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, allowing participants to develop their personal skills and positive attitudes to succeed in life. PL Forest Futures NFCT are working in partnership with the Nottingham and Nottinghamshire Violence Reduction Unit (NNVRUI delivering an evidence based mentoring programme which supports children and young people to reduce risk factors associated with 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 sectors across the City and County. 27 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 16. Reconciliation of funds {continued) c) Restricted funds {continued) Emerging Talent Club - NFCT in collaboration with NFFC offer a sustainable football pathway for girls that offers significantly increased opportunities to play football for the first time, enhance the football experience for those girls already playing and offer routes into elite programmes locally and nationally. Forest Forces- Funded by the Armed Forces Covenant Fund and the Veterans, Foundation, 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 focussed on the consequences of knife crime, positive mental health, avoiding conflict and building relationships. 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. Multiply - Multiply is funded by Nottingham City Council and delivers targeted numeracy provision to adults aged 19 years and above, up to and including Level 2. The programme's aim is to boost people's ability to use maths in their daily life at home and work. All workshops are fun, interactive and challenge negative thoughts and experiences of maths. Social Recovery- Funded by Newark and Sherwood Council, this programme supports older people, especially those at risk of isolation acros5 Nottinghamshire. The programme offers opportunities for participants to safely take part in physical activity sessions, targeting general health and fitness, along with health walks and mobility exercises. Street Games This programme uses sport to enhance positive outcomes 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 Antisocial Behaviour teams, Op Reacher and The Neighbourhood Police team to help reduce crime within the locality. 28 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 16. Reconciliation of funds {continued) c) Restricted funds {continued) Newark & Sherwood PLPS- Supporting local young people to develop skills, drive social action and improve health and wellbeing through a combination of enhanced physical education provision, engagement in social action and volunteering projects and educational opportunities surrounding mental health, and healthy lifestyles and eating. PL Fans Fund- Delivering high quality activations within the Community Corner, which enriches the matchday experience for the community, making it more inclusive and impactful. Activities include penalty shoot outs, mental health support, signposting, promoting awareness of the Trust's initiative and programmes as well as partnerships with other organisations. Millions Kicks funded by The National Lottery Community Fund, this programme delivers weekly indoor and outdoor sports sessions at three venues across Nottinghamshire. These sessions are designed to engage young people in various physical activities, promote health. teamwork and discipline. Broxtowe-funded by Broxtowe Borough Council UKSFP, this programme provides free football sessions 2 hours per week for children aged 8 and above. These sessions offer physical activity and behaviour interventions. In addition. there are weekly Healthy Horizon sessions which offer a range of support from mental health isolation, welfare and benefit support, as well as signposting to other sessions in the area. Welcome through Football funded by Nottingham City Council, this programme delivers weekly 2 hour Mlelcome through Football, sessions, designed for refugees and asylum seekers wishing to connect with the local community, forge new friendships, and stay active in a friendly and secure environment. Advice and support are offered for participants, health and wellbein& language courses and employability. Neuro walking football - funded by the Thomas Farr Foundation, this programme uses the power of football to bring together people with neurological condition5 for weekly neuro walking football sessions. The sessions aim to improve lives, boost confidence and self-esteem, as well as alleviate social isolation and loneliness. 29 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 17. Analysis of net assets between funds Unrestrirted Designated Restricted funds funds funds Total Tangible fixed assets Cash and cash equivalents Other current assets/liabilities Provisions 14,308 1,037,090 (36,7431 {327,970) 686,685 14.308 312,063 1,749,153 {290,063) (326,806) (327,970) 22,000 1.108.685 400,000 400,000 18. Operating lease arrangements Total future minimum lease payments due under non-cancellable operating leases are as follows: Expiry date: 2024 2023 Within one year Between two and five years 5.745 9,096 14,841 7,817 7,817 19. Reconciliation of net income / (expenditure) to net cash flows from operating activities 2024 2023 Net income foryear 105,017 134,661 Interest receivable Depreciation of fixed assets Post-employment benefits less payments Provisions less payments Ilncreasel / decrease in debtors Increase in creditors (35,119) 4,769 (39) 30,000 (70.319) 42,250 (11,202) 4,778 {1,147) 47,520 109,084 108,879 Net cash flows from operating activities 76,559 392,573 30 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC
NorriNGHAM FOREST COMMUNITY TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 20. Pensions and other post-retirement benefits The charity operates a defined contribution pension plan for its employees. The amount recognised as an expense in the period was £26.589 {2023: £21.342). At the balance sheet date, the charity had an unpaid defined pension scheme contribution of £5,773 {2023= £5,734) In 2024 £12,779 {2023- £7,675) of the defined contribution liability was attributable to restricted funds. In 2024 £13,81012023: £13,667) of the defined contribution liability was attributable to unrestricted funds. 31 ENV60981334-1564-CBBF-3365-EFED 1710912025 13'.42 PM UTC