Rggl$t•red nUrn￿r 07643867 Chartty numboT.' 114292D BURTON ALBION COMMUNITh TRUST IA company Ilmit8d by guaranteel TRUSTEES. REPORT AND FINW4CIAL STATEMENTS FOR TrIE PERIOD ENDEO 31 AUGUST 2023 oREWERs This reFQrtW88 approved by the Trustees on 22 Augusl 2024 8nd on th81r b8h8M by.. BURTON ALBION COMMUNrrYTRUST (Acompany ￿mile￿ by guarantwl CONTENTS Pag9 R8ference and adminsitration details of cha￿, Its trust895 and advisors TrusteÉs' rep¢rl 2-5 lThltpendanlauditors' rewt 6-9 S¢atern8nl offjnandal aclivites io BaLqnce she&1 Slatprnenl of cash 12 rth)te5 to Ihe finencial statemen18 13-19 D&tailed profit ￿dIo$S 8ccount 20 This reportwas approved by Ihe Truste&8 on 22 August 2024 and 5igThed on their behaK by- BURTON ALBION COMMUNITY TRUST IA¢ompany Iknlt¢d by guorafits•l REFERENCE AND ADMINISTRATIVE DEr￿Ls OF THE COMPANY, JTS TRiJSTEES AND ADVISORS D Mellor C B Roblnson P P￿StY Ichamianl C Wood D A Taybr Fo$t¢r Ire$lgrtd 0¥12120231 F E L Spl8rs P E Sage lappointeil 1fj10212023. resigned 24105120241 T G CL8rt(e18ppoinled 21106120241 H￿d ofcommunlty J Wlddowso Indeppndent audlto Nuvo Audit Lirnitéd 7 Fardday Court Flr81 Avènue Surton Upon Trenl StsfFord5hiTe DE14 2WX Bankers Barclays Bank PLC High Stre•t Burton Upon Tront Slaffordshlre DE14 1HU R¢gi$t&r¢d olll¢• Pirelli Stadlum Princess Way Burton Upon Trant staffordshlre DE13 OAR C•MPaAy T•gl$t¢r•d n¥mb•r 07643867 Chadty roglstsr•d number 1142920 BURTON ALBION COMMUNITY TRUST IA company Ilrnited by guarant••l TRUSTEES REPORT The tru5tee5 are ￿EasEd to present their report and the financial stat8ment$ of th8 ch8rilabl8 company frJr the p8rfod ending 31st August 2023. The trustees G￿$t1tLrte directors of Ihe Gharitable Gompany for Compan185 Ad purFXSses. Th£ trustees have adoptEd the proYision5 of the Stslernenl of Reccrnmend￿ Practice applicable to charRle$ preparlng thelr 8c¢wnl$ in ac¢orf3nce with Ihe FinanGwI Reporting Standard applicable in the UK and Republic of IreLqnd IFRS 1021 (effective 1 January 20151 . (Charitie8 SORP IFRS 10211, the Financial Reporting Standard applicable in the UK arKI Republic of Ireland IFRS 1021 and the Comp8nles Act 2006, in preparfng the annual report and financial statements of the ¢harity. Chalrs Report The financial year has b8&n a challenging one lor the ch8rity with the loss of 8 IoTO-serving and beloved Chair of Trust8es, John Jackson, who stepped down due lo ill health 2nd Sadly passed away a few mon¢hs later. This was ¢ioselyfdlowed by Ihe 2 88nior le8ders in the organisation, Matt Hancock and Johft Widdowson mo￿n9 on lo Portvale and Wreknam re$pectlvely. The ￿adership vold creatèd was difficuV£ lo briOJ8, and taking on the Chalr role In the88 drcum8tsnces has strètched m& mor8 than I 8nvi8aged. Adding to the new leadership workload an ever more ch￿Ie￿Ing operatiThJ environment 8round both new fvndraising and conllnuatlon fvndlng èxarc8bat8d by double flgur8 innattDn rates and the first of several stgnificant ir￿rea￿S in National Living Wage, and it is easy to understand Ihe financial pictu￿ these acwjnts pr8s8nt. The project5 and programmes the Trust deliver have ¢onlinued to d¢liver posltlve, high impacl on the local wmmuvty. and the interdep8Ddent relationship wilh the fDolball dub wa5 even rnore crucial. Throughout INS perlLkJ the trustee bowd have sought io steer Ihe BACT 8hip through t￿ts1ed waters, 5upportirhg 5eThor man48rs lo manage risks and ar￿￿ng our commltmant to quality and CDmpli8nce r8malnod Strong. Thank you to all volunteers, truste8S. Staff. partners, funders, sponsors and stakeholders for 8tanding Trmth us as a charity thn)ugh this Ghallenging year, and in particularfytD een Robin50n and Burton Albion Football Q￿b for thdr orwing Support and partnwship. It may be a cliche, but BACTwoukJ t¥)texi5t with you and your support. Whilst the challenging environment conbnue$ to b8 8 reality, we remain Committed lo en$yrtng 8A¢T ontinUBS to rnake the am8zingly positive irnpact on the strength, h8allh and happiness of our kncal communl¢y through the many prowammes 1hat we delNer. P Pusey Chalmian BURTQN ALBIQN GOMhlUNITY TRLIST IAcompany Ilrnlted by guarantepl TRVSTEES REPORT H&ad of Communlty Report Th15 year has bBen the Second ye4r of Ihe organlsation'$ Healthl8r. Happler & Stronger Communities Strategy2ff21-24. Our irnpacl has never been greater 8￿j never mDre neEded. W£ havE been delpJht8d lo be able to deTrTon$lroto this through Impact report whl¢h looked In-depth at 12 social, community and e¢onoml¢ Impaa mèasuras that align lo the three Strategic outcome5 OLrtlingd in the 2021_24 strategy. This has also be&n the YearWhe￿ BACTS work aligns to the UN Sustainab Dèvelopment Goals. Throughout 2022.23 we have contSnu8d to gathor evidencè ol th8 positive social. community and economic impact ol Burfon Albion Cornmunity Trust. This also ourthird year of LX)nslslenlly ¢olkntirvJ data to d8mon8tr8la our impact. this approach rneans we can identify trends developing. We a¢hieved impact across all thrè& of our strategic outcomes.. to develop happier and h&allhigr communit18S, to create safer a￿1 more cohes￿& communttie8. and to enwower communities to fulfil potent￿1 and DPPOrtunity. In season 2022-23, 8ACT rgachad oveT 14,000 parhcipants across a dwerse range of people r¢presenting different age groups, genders and elhnicthe5. The woth of the trust shows sustained correlation wlth hlgher levels of personal wellbeing le.g. happln¥ssl and Indlvldual developm8nt le.g. resilience) *r0$5 the three years of Impact repO￿n0. In addition, this year's research d&monstraies that BACTS partieApants are m¢)re connected to b¢?1 community. They report a higher sense of belonging to Iheir l¢xal neighbwthood and show evldeTrce of good cornmunty inlegraiion. Futhèrrnore, BACT participants yowg old ¢on$i$tsntly ￿POrt that thay feel lik8 the activity they do at &4CT is oood for them, wth an average subiectivg soual impact score of 84%. Th& trust conllnu8S to give back to its k>cal communty econornically as wdl as socially. It attracts extrrnal funding, grants income and sponsorship that is redistributed via ils programtne5. In 20L_23, the trust etnployed 16S staff across fuif-tlm8, part-tim8 and casual positions. BACT is proud to leverag8 th8 power of th8 foolball club, Burton Albion FC. to engage and inspira p8cW8 across lh8 local wea. Thi5 included over 150 player. managFr and Ehairtnan app88rances as w811 as rnatchday fundtaising. tna$¢ot opportunlues and commuw J¢k9ts. I would like to thqnk each and every one of our comiunty p8rtt¢lpants, fijndets, pwtnets, and staff who we are literalty nolhing wilhout. Th¢ Board of Trustees and Chairnian of the Football Club, Ben RobinsDn, conts.nue lo work to ensure we are cornpletely embedded In the cornmunity, ulilising our unlque brand an¢ tha pow8r ofsport. We mad8 8 cornrnitment 2 yeats agtsthatwewould make a dlffer¢nce and our Impact Report demonstratès exa¢lly that. Whether lo individuals. groups, orth8 communlty our staff and vduDteer5 have been therB for people. We I￿11 vlork harder than avar over th8 twxt yaar to contim* to be Insplrfng. lje engaglng and be educ8ts.ng 8v&ry time we proudty pull on the Burton ￿bIOn Communrty Trust unrfomi. Thanks to everyone who has trusted u5, SUPPOrted u5, fund£d u5, and believed in us. We 8r8 only ab18 to do what we do with the 5UPPQrt of our cotnmunity. Bnd I IK)pe (xjr rekYNI Mghilghts vjhgt w8 are giwwj bad(. BURTON ALBION COMMUNITY TRUST IA carnp3ny limited by guarantè¢) TRUSTEES REPORT Flnance Revlew 2021-2022 was a challenging yearfinancially and thai challenge continued in 2022-203, ￿ cha118nging dimate I￿rea8¢￿ arKI we $aw thb Impa¢t the O￿anIsa￿On8 fina[￿5. A redu¢tion In fvndlng for koy prolgCt8 In our health and wallbeing scope of wort¢ and ￿d￿cOonS In funding across our community engagement projects saw rEduGEd fundir¥J and 9r8nl Income. A 9.7% In¢rea88 In Natioral Li¥Ang Wag8 recommended in Octob?r 2022 came into Èffect from Aprll 2023 Ihis saw ourw8ges increase considerably. This iruea8e carnewith no in¢reasg kn lunding, as many contracts ￿ agreements wertr already signed and In plac8 prior to the increase. Rls88 In utilities CO815 and facility charg8s have also added the financial impact se*n 8cross the organisati¢XI. Hawng made decisions in 202112022 based on a surplus 8nd reserve position the 202212023 position has $88n u5 spend rnuch of Ihe surplus and reserves to hi deficit position. Changes In lead8rship and changes in financial planni￿ and precess all add to thi$ and we are already anb"cipallng that 202312024 will bo a $lmllar yéar to this as wa ènd wlth conse¢ut5vg deflclls. Twstees and the organisations man8gement team 8re now planning and WO￿￿9 tirele5sty to review spending, s8ak further funding and build new income generation opw)rbJnitie5. strueture, Govemance and Managemént 2022-2023 ha5 be2n a year of CDnslderdblè change In oyr $tNcture with our Head of Commun changing. Community Manager leaving and changes in lh8 managernerrt teatn. Despite the change team in pla¢e that hav8 ¢ontinu8d to work and drive good governance. The Trustees Golltinue io very much drlv8 worklng groups and wider discussion5 parb¢ularty &rour￿ Strateoy, Flnance, Safeguarding, Health & Sufely and Equdily. Diver8ity 8 Induslon. Wg have dear Pdi¢i¢s Procedures and an annual r￿e￿ remalns in place as wdl 8s sign off prwedure with Board Df TTUSteps. This is used in conjunctlan with our Capability Action plan which is goveman¢8 and man8gem8nt documentwe us8 as evidence to our key funders and pathers thè PLCF and EFLT. statsment oftruste8s' r8sponslbllrtS05 The Iw5tee5 Ivtho are 8150 directors Burton Abion Cornmunity Trust forthe purposes of company lawl re re5pon$lbl* for preparfng thg Trust8¢s' report and the financial statements In a¢¢ordan¢È with appli¢able law and United TrQngdom Accounting Stsndarcts (United Kingdom GBnerally Accepted Accounlng PractiC81. BURTON ALBION COMMUNITY TRUST IA¢ompany Ilmlted by yuarant881 TRUSTEES REPORT Company law require$ the Trustees lo prepare financial slaternents for 8ach fin￿da1 year. Under company law the Trustees must not approve the finanual slatemants unless they a￿ satisfied that they glve a true and fair of th8 State of affairs of the charltable Gompany of the Incomlng r050WCOS and application of resour¢es. incluthng th¢ Income and 8xpenditure. of the charitable Gompany ftr that pertod. In weparing these financi81 statements the Trustees Hre reqi¥red to.. $818Ct suitable accountiry policie5 and then apply IhEm ¢onsi$tenlty', obs8rv8 th8 melhods and prknciple$ In the Charftles SORP., make judgements anrl accounting estimates that are reasonable prudentr, slate wh81her appllcable UK Accounting Standards have been follow8d, subject to any rnaterfal preparethe fin•n¢ial statements M the going concern basis unless it is inappropriate to prssjme The Trusteas ara ro8ponsible for keeping adequate accounting records that are sufficient to show explain the chatttable companrfs tranS8c￿OnS and di5dose reasonable a¢curacy 81 any time the flnanclal posits.on of the charitable eompany and enable them to ensure that the financial statements comply the Companies Act 2006. They are also respDnsibl8 for safeguardin9 the a$$&t8 of th8 ch8ritable c£Knpany and hence lo¥tsknng reasonable $tsp$ lor tha pr8v8ntion and detectk)n of fra￿ and other irr8guL4ritie5. In $0 lar a8 th8 tnjstees are aware.. there is rto r81evant audit information tsf whl¢h the tharitable compan18 auditor is unaware.. and the trusteès hav¢ taken all steps that they ought lo have taken to make them5elv6$ aware of any 16vant audlt inl(miation and to Èstabllsh that th8 auditor 15 aware trf that inforrnab"on. Audltors A rg$olution PToposing that Nuvo Audit Umlt?d IprwDUStv ADS Account8ncy timl(8dl ￿ re-appointed as auditors of the Trust ￿11 be put io the trustees al th6 Annual General Meeting. This r8POrt was approved by the Trusteès on 22 August 2024 and Signed on th￿r behalf by.. P Pu8ey Chaiman Burton Alblon Community Trust (Acompany limited by guarantsel Indep¢nd•nt audIt￿. roptxt to the m8mboT8 of Burton Ablon ¢ornrnunItyT￿st Oplnlon We have 8udiled thé finantsai statèment5 of Burton Al￿1￿) Community Trust for the yepr ended 31 Au9USt 2023 whiGh ry)mpri$e Ihe Profil and Loss Account. the Balancè Sheet end the relatsd note5. The finar￿4a1 rèporting frarnework that h8s been applied in Iheir preparition is aptyi¢able Faw and UnYLed Kin9dom Accounting Standards (United ￿ngdoM General￿ Accept8d A¢couniing Piacticèl, including FRS 102 Tre Flnanci81 R8PDrtlng Standard 8ppli¢able in Ihe UK and the Republicof Irel8nd'. In ourapinion the finanoal $tslerT)Ènts.. give a true and fair VIÈW of th& state olthe eharflable companls aff4irs a5 Qt forthe yegr ended 31 August 2023 and oflts 5ncoming re￿￿1¢e$ and applteabtsn of resouKes. includlrKJ Ir￿n8 and eyndlture, for the yearthen ended.. have been prop8rty prepared in acCo￿anCe YAih United Kingdom Generally Ac¢epl8d A¢¢fthting Practice applicable to Smalbr Enli118¥', and h8v6 been p*pHred in 8rGord8n¢e wrffv Ihe ￿quireMeN¥ ortm Companies A¢t2fx)6. Ba61s for Oplnlon We condud8d our a￿1[ in accord•¢È Interna￿Onal Standard$ on Al¥jiti￿ IUKI IISA5 IUKII 8nd apsAiGable law. Our reswnslb1l￿QS trndw those 51andard$ are fvrther d8s¢rfbed in Ihe ￿ditOr responslbillties for the audit OF Ihe financi31 statements sectlon of our rewrt. We independent of fhe charitable company In a￿ordanc￿ ￿1th the ethi(zl requirements that are relevant lo our audit tsf the finanwl 5tstemenls In the UK. inGluding the FRC'S Ethical st￿12￿, and ￿ have fuffilled our other ethical responsibilitie5 in accordance with these requirem8nts. We bel￿0 Ihat Ihe audlt a￿den¢* * ho¥• obtained is suffic4&nl and 4)propriate lo provide 8 basis for Dur Opinion. Con¢tU8lon8 r•lating ts golnB con¢orn In auditiro the financlal statements, we have Goncluded that the truste85' use of the going t(￿ern basis of counting the prBparation of Ihefinancial statements Is appropriate. ased on Ihe y￿rk we have perfOrn￿d. we have not idenbfied any material Uncertain￿e8 rdallng lo *￿ntS or conditions tha(, 1nd1vidual￿ Dr colkntiVEly, may cast Significant doubl on the ¢haritsble ability to centlnue as a going ¢on¢em fw a pgriod of 8t least twelve months tram th¢ financial statements ar8 auth¢ri5ed for Issue. OLY rBsponsitslities 8nd the resp￿$1￿1111¥g of the trusle8s r8sp8Ct lo g￿n9 concem 8ro dÈstribÈd in tht re*Yant 88dEens of this rewtt othor infom)ation The olh8r Snfoymation ctrnptTses th¢ infonnalion indL4Jed in the truste89 annual reporL other than the finaftcial 8tatam&nts and our audilorfs report th8r8on. Th& trustees are responsible for the other informal(on conlain8d ￿fjIhIft th8 anntsal report. Our opinion on the financial stat8menls does nol cover the dhar iWDrmation and. except lo the extsnl othepM$FJ ¢xpIIGIUy slated in our report. we do not Èxpress any fttrm of assurance con¢lusi¢n IhereDn. Our r8sponsiblllty is to read the other informatson and. in so, considèr whether the other Infomalion is Wate￿allY inconsistent ￿th the finanrAal stalern2nls or our knO￿edge oblained In the caurse of Ihe audll or otheNlse appear¥ to be materially misslaled. If we identify such material inconsislencles or apparént mater￿1 misslatem8nls. we art required to dete￿Ine whether thi5 gives risé to a Materi￿ misstatemenl in th8 financial slatéMén15 Ihomsetrrfes. If. based on thè y￿￿k VM have p?rfo￿e￿. we conclud8 Ihat IhBre Is a tnaterial misstslemen¢ ol thva olher Inf0M￿tIOn, ￿ aro required lo report Ihatfact. We have nothing (o raport in this regard. Burton Ajblon CommunltyTrust {A company limited by 9uarant881 Independentaudltors, report to tho members of Burton Ablon ComrnunltyTNst l)plnion on other matters prescrlbed by the Comp•Dl8s Aet 2006 In ouropiniDn. based on the undertaken ￿ the course ofthe audit.. the infotTnHlion given in the tNslees' report (Incorpora￿ng the strategic feportl ferlhg flnandal yearfor whlch the financial slalements ara pr8par6d ts consistent wpth th6 financial stat8menls.' and the strategic rerort has b8?n prepar8d In accordance wth applicabl818ya requiremants. IAattfrrs onwhlch we are requlred to rnport by•xc8ptlon We have nDthing ID report In respeth of thp follovArg matter5 where the CoTrpanie5 Act 2W6 re￿￿ u8 10 report to you If. In our oplnEen'. • adequate accounbng records h8¥e not been kept. tyretums adaqual8forour audit have not been reiy4iwed from brdnches not by us., or the financ[￿ statem￿lS are in agreement with the accounkng racords and le￿M8. r • cértain disclosu￿S of Irustè$s' fymuner8tion 5pecifieLf by ￿ aTe not Made.. or we havg not received all the Infomation an¢ e4)lanallons w& ￿uIre for ouraudil,. or the Trustees ￿1 gnlilled io prepare the financial statements and the Truslees. report in accordanc8 th the srnal compar￿e5 r89ime and to take adwanlage ofthe small companles. exemption from the requSr@Thent lo prapare a Strategic report. Re&ponslbllit￿$ of twsteÈs As explained mora fLdty Sn tha tru$ts85' responsibilitie5 St3Lem£nL the trustees lth) are 3150 the directDrs of th• chadtable company for the purposes of company lawl are responsi￿e for the preparalion of the finan(¥al slaternenls lor being Satisfied that th8y gwe a true and far ￿8￿, and for such Int8rnal ¢x)nlrol as th& Iru81ees deterniine 18 nacessary to enabk th? Prep8rati￿ of finanrAal slalempnts that are free from material misstat￿ent, due to fraud orermr. In preparing the flnafidal statéments. thè trustees are reswnsible lor as5e5sing the charitaNe compqny'$ ability to continue 85 a geing coneem, dkscloslng, as applicaN&, malt8rs rélalÈd io gthng conc8m and the going CDncem basis ofaccDuntirvJ unless the trustees either intend to Ilquhlate the charitatle company or lo cease operallons, no redislic alternative but to do so. Audltor rèsponslbllltlés forthe audit of th¢fjnanth81 slaternents r obje¢tives are lo obtaln ffa80nable assurance about w￿ther lh& fifianc1￿ S￿¢8￿*nts 8s a whtslt a frea Irom matsrial mlsslatemw)t, whether due lo fraud or Error, and tD Issue an audilorfs report that includes our opinion. Reasonable assurance is a huh Iwel of assuranca. but Is not a guarantee that an audll ¢ondu¢l¢d in accordan￿ ￿th ISAS IUKI thll a￿ayS delert a rnalerygl misstslpmgnt when it exists. Mi$$latem8nls can a￿se frtsm fraud or ettor and are consid8r8d matsrial if, indNidually or in the a95regale, they COU￿ reasonably be expected lo Influence thè ett￿L￿niC decispn5 of users tak8n the basi5 DI Ihese financ5al stslements. The extent to which ourprocedures arn capabla of dètsclny irrogulariti¢$. ￿4¥dIng fraud is d¢t4iW b¢bw.' Thè Chaty is lo many laws ard regul&tion6 Wthin the country itopwales, where Ihe consequenc85 ol non