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2023-06-30-accounts

DocuSign Envelope ID: E5D29FE9-DA72-4344-A6C8-9AF68799C2F2

REGISTERED COMPANY NUMBER: 08162820 (England and Wales) REGISTERED CHARITY NUMBER: 1149113

Report of the Trustees and Unaudited Financial Statements for the Year Ended 30 June 2023

for

Crawley Town Community Foundation

Williams & Co Epsom LLP Chartered Accountants 8-10 South Street Epsom Surrey KT18 7PF

DocuSign Envelope ID: E5D29FE9-DA72-4344-A6C8-9AF68799C2F2

Crawley Town Community Foundation

Contents of the Financial Statements for the Year Ended 30 June 2023

Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Cash Flow Statement 8
Notes to the Cash Flow Statement 9
Notes to the Financial Statements 10 to 15

DocuSign Envelope ID: E5D29FE9-DA72-4344-A6C8-9AF68799C2F2

Crawley Town Community Foundation (Registered number: 08162820)

Report of the Trustees for the Year Ended 30 June 2023

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Vision:

Positively changing lives through sport and football.

Mission:

Our programmes and services are based on the belief that they can create a sense of mutual respect and trust, widen horizons, raise aspirations and provide opportunities for people regardless of their background.

We use the power of sport and football to engage, inspire and empower people. Working with participants and the community, together with local, regional and national partners, we aim to positively change lives and support people in health and wellbeing, sport participation, equalities and inclusion, education, enterprise, employment and skills, regeneration and community safety.

Values:

Integrity, inclusion, respect, accountability, innovation and ethics.

Introduction

Almost £477,000 of external funding was invested to support delivery in Crawley and the surrounding areas of our varied projects including our BTEC Education programme. All based on our vision, mission and values.

Our level of investment in the local area is close to £3,470,000 over the past eight years.

The social value of our services, in key areas like health and wellbeing, crime and community safety, and education has allowed us to reduce of risk generated through engagement and activity and the corresponding community savings generated.

Our participant numbers have an age range from 2 years to 98 years old and they continue to grow.

Over the past year we have had aggregate of 3,893 registered users who attended our projects 39,885 times over the 3,216 sessions held. This is up again on the previous year and shows the achievement for all our teams building on our projects.

Page 1

DocuSign Envelope ID: E5D29FE9-DA72-4344-A6C8-9AF68799C2F2

Crawley Town Community Foundation (Registered number: 08162820)

Report of the Trustees for the Year Ended 30 June 2023

OBJECTIVES AND ACTIVITIES Objectives and aims

Our priority objectives and aims are for the benefit of the public generally, but in particular the inhabitants of Crawley and its surrounding areas.

These include:

Each year we look at our aims and objectives and align them with local, regional and national strategies to help us plan and develop both current and future programmes. We also take into consideration the Charity Commissions guidance on public benefit.

The Trustees and Foundation as a whole look at how our programmes and services have evolved over the previous twelve months. We take into consideration the impact we have made for the community in Crawley and surrounding areas and where we can promote our programmes and services to a lesser or greater degree in line with the aims and objectives of the Foundation.

The following strategies help to achieve these aims:

Activity objectives

Page 2

DocuSign Envelope ID: E5D29FE9-DA72-4344-A6C8-9AF68799C2F2

Crawley Town Community Foundation (Registered number: 08162820)

Report of the Trustees for the Year Ended 30 June 2023

OBJECTIVES AND ACTIVITIES Significant activities

School Sport Participation and Education Programmes including Premier League Primary Stars.

BTEC National Extended Sports Diploma for 16 to 19 year olds.

Community Projects that include Extra Time Hubs for the over 55's, Move the Goalposts for those suffering or at risk of suffering mental health difficulties, Walking Football for a more gentle form of exercise, Sporting Memories sessions at Crawley Museum and sessions for Women and Girls including Crawley Old Girls.

Premier League Kicks, a community project which engages with young people to reduce levels of anti-social behaviour.

STRATEGIC REPORT Achievement and performance Charitable activities Inclusion

We have expanded our projects to engage with a wider section of the Community in particular Extra Time Hubs for the over 55's which has proved popular and continues to grow, Move the Goalposts also saw more participants join and Crawley Old Girls remain part of what we deliver. We are now able to deliver Sporting Memories sessions thanks to funding from Crawley Borough Council, these sessions came to an end in May 2023 though we are looking at ways we can continue to support those in the community with dementia.

Education: BTEC National Extended Sports Diploma

The course offers students a chance to study higher education at Crawley Town and be part of the team, with pathways into University, Scholarships in the USA, and entry into the UK sports job market. We have maintained the number of students at approx. 44 over the past two years, who all study the full-time course at the Crawley Town stadium. This year has also seen a number of our students applying to universities.

Community Safety: Premier League Kicks

We successfully added local area funding to the Premier League grant to expand the Kicks project. The aim of Kicks is to provide positive, alternative activities to engage young people and steer them into training and qualifications, education and jobs.

School Sport Participation and Education Programmes

Our commitment to supporting the health, wellbeing and education of children at primary schools continued through expanding Premier League Primary Stars, and a number of other school related services, like providing Lunch Time and After School Clubs. Our focus through Premier League Primary Stars was on reading and writing, numeracy and literacy, as well as improving emotional wellbeing and reducing levels of obesity in schools.

Fundraising activities

Most of our fundraising was through the public purse and from a number of governing bodies, such as Departments of Health and Education, DCMS and Sport England, and through the English Football League Trust, Premier League Charitable Fund and Football Association.

Financial review

Financial review and reserves policy

The year to 30 June 2023 saw the Foundation report a deficit after reporting a surplus for the previous two years. Our reserves policy is to have hold six months' expenditure as unrestricted reserve and we have achieved this in the previous two years.

The Statement of Financial Activities for the year shows a decrease in income and an increase in expenditure reflecting the great work and investment that we have done and the impact we have had on the community.

In future years the Foundation expects expenditure to grow in areas which will not yield an immediate growth in income. The deficit has been driven by increases in staffing costs as the charity has had to deal with an overheated labour market by increasing wages and spending on temporary staff.

Page 3

DocuSign Envelope ID: E5D29FE9-DA72-4344-A6C8-9AF68799C2F2

Crawley Town Community Foundation (Registered number: 08162820)

Report of the Trustees for the Year Ended 30 June 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The charity has worked with regulatory bodies to improve policy and governance, safeguarding, finance, health and safety, and various other legislation and good practice.

The Foundation was one of only a handful of pro-club charities to fall into the top group for quality assurance as part of Capability Status through the English Football League Trust and Premier League Charitable Fund, setting a high level of professionalism and conduct for us to work towards.

.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

08162820 (England and Wales)

Registered Charity number 1149113

Registered office

The Checkatrade Stadium Brighton Road Crawley West Sussex RH11 9RX

Trustees

A S Foot M Dunford (appointed 14/9/2022) S Sawyer T Win (resigned 5/7/2023) J May Mrs Z Wright M Price (appointed 3/5/2023)

Independent Examiner

Williams & Co Epsom LLP Chartered Accountants 8-10 South Street Epsom Surrey KT18 7PF

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 18 March 2024 and signed on the board's behalf by:

........................................................................ J May - Trustee

Page 4

DocuSign Envelope ID: E5D29FE9-DA72-4344-A6C8-9AF68799C2F2

Independent Examiner's Report to the Trustees of Crawley Town Community Foundation

Independent examiner's report to the trustees of Crawley Town Community Foundation ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2023.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Paul M Smith BSc ( Hons ) FCA

Williams & Co Epsom LLP Chartered Accountants 8-10 South Street Epsom Surrey KT18 7PF

Date: 18 March 2024

Page 5

DocuSign Envelope ID: E5D29FE9-DA72-4344-A6C8-9AF68799C2F2

Crawley Town Community Foundation

Statement of Financial Activities for the Year Ended 30 June 2023

2023
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
366,933
Other trading activities
3
110,398
Total
477,331
EXPENDITURE ON
Raising funds
4
514,277
Other
8,656
Total
522,933
NET INCOME/(EXPENDITURE)
(45,602)
RECONCILIATION OF FUNDS
Total funds brought forward
336,870
TOTAL FUNDS CARRIED FORWARD
291,268		 2022
Total
funds
£
369,801
122,495
492,296
432,929
9,961
442,890
49,406
287,464
336,870

The notes form part of these financial statements

Page 6

DocuSign Envelope ID: E5D29FE9-DA72-4344-A6C8-9AF68799C2F2

Crawley Town Community Foundation (Registered number: 08162820)

Balance Sheet 30 June 2023

2023
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
10
24,064
CURRENT ASSETS
Debtors
11
23,721
Cash at bank and in hand
371,173
394,894
CREDITORS
Amounts falling due within one year
12
(38,441)
NET CURRENT ASSETS
356,453
TOTAL ASSETS LESS CURRENT LIABILITIES
380,517
PROVISIONS FOR LIABILITIES
14
(89,249)
NET ASSETS
291,268
FUNDS
15
Unrestricted funds
291,268
TOTAL FUNDS
291,268		 2022
Total
funds
£
15,122
70,107
394,378
464,485
(64,239)
400,246
415,368
(78,498)
336,870
336,870
336,870

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The financial statements were approved by the Board of Trustees and authorised for issue on 18 March 2024 and were signed on its behalf by:

............................................. J May - Trustee

The notes form part of these financial statements

Page 7

DocuSign Envelope ID: E5D29FE9-DA72-4344-A6C8-9AF68799C2F2

Crawley Town Community Foundation

Cash Flow Statement for the Year Ended 30 June 2023

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash (used in)/provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Sale of tangible fixed assets
Net cash used in investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 2023
£
(5,607)
(5,607)
(18,038)
440
(17,598)
(23,205)
394,378
371,173		 2022
£
36,558
36,558
(14,318)
-
(14,318)
22,240
372,138
394,378

The notes form part of these financial statements

Page 8

DocuSign Envelope ID: E5D29FE9-DA72-4344-A6C8-9AF68799C2F2

Crawley Town Community Foundation

Notes to the Cash Flow Statement for the Year Ended 30 June 2023

1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

ACTIVITIES
2023 2022
£ £
Net (expenditure)/income for the reporting period (as per the
Statement of Financial Activities) (45,602) 49,406
Adjustments for:
Depreciation charges 8,021 5,040
Loss on disposal of fixed assets 635 -
Ball court provision 10,751 10,751
Decrease/(increase) in debtors 46,386 (51,207)
(Decrease)/increase in creditors (25,798) 22,568
Net cash (used in)/provided by operations (5,607) 36,558
2. ANALYSIS OF CHANGES IN NET FUNDS
At 1.7.22 Cash flow At 30.6.23
£ £ £
Net cash
Cash at bank and in hand 394,378 (23,205) 371,173
394,378 (23,205) 371,173
Total 394,378 (23,205) 371,173

The notes form part of these financial statements

Page 9

DocuSign Envelope ID: E5D29FE9-DA72-4344-A6C8-9AF68799C2F2

Crawley Town Community Foundation

Notes to the Financial Statements for the Year Ended 30 June 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% on reducing balance Fixtures and fittings - 25% on reducing balance Computer equipment - 25% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. DONATIONS AND LEGACIES

Donations & other income
Grants		 2023
£
20,565
346,368
366,933		 2022
£
2,809
366,992
369,801

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DocuSign Envelope ID: E5D29FE9-DA72-4344-A6C8-9AF68799C2F2

Crawley Town Community Foundation

Notes to the Financial Statements - continued for the Year Ended 30 June 2023

3. OTHER TRADING ACTIVITIES

2023
£
Fundraising income
36,552
Sales
73,846
110,398
4.
RAISING FUNDS
Raising donations and legacies
2023
£
Staff costs
392,522
Cost of sales and activities
115,828
Sundries
1,166
Bank charges
658
Support costs
4,103
514,277
Other trading activities
2023
£
Bad debts
-
Aggregate amounts
514,277
5.
SUPPORT COSTS
Governance
Management
costs
£
£
Raising donations and legacies
2,242
1,861
Other resources expended
8,656
-
10,898
1,861
6.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2023
£
Depreciation - owned assets
8,021
Deficit on disposal of fixed assets
635		 2022
£
49,581
72,914
122,495
2022
£
333,875
91,663
682
785
1,660
428,665
2022
£
4,264
432,929
Totals
£
4,103
8,656
12,759
2022
£
5,040
-

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DocuSign Envelope ID: E5D29FE9-DA72-4344-A6C8-9AF68799C2F2

Crawley Town Community Foundation

Notes to the Financial Statements - continued for the Year Ended 30 June 2023

7. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits in either year.

Trustees' expenses

There were no trustees' expenses paid in either year.

8.
STAFF COSTS
Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Full time
Casual
Apprentices
Part time
No employees received emoluments in excess of £60,000.
9.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
INCOME AND ENDOWMENTS FROM
Donations and legacies
Other trading activities
Total
EXPENDITURE ON
Raising funds
Other
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 2023
2022
£
£
363,361
305,755
26,195
24,843
2,966
3,277
392,522
333,875
2023
2022
13
12
4
3
-
1
1
1
18
17
Unrestricted
fund
£
369,801
122,495
492,296
432,929
9,961
442,890
49,406
287,464
336,870

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DocuSign Envelope ID: E5D29FE9-DA72-4344-A6C8-9AF68799C2F2

Crawley Town Community Foundation

Notes to the Financial Statements - continued for the Year Ended 30 June 2023

10. TANGIBLE FIXED ASSETS

Fixtures
Plant and
and
Computer
machinery
fittings
equipment
£
£
£
COST
At 1 July 2022
2,043
1,029
33,731
Additions
-
11,015
7,023
Disposals
-
(1,029)
(2,688)
At 30 June 2023
2,043
11,015
38,066
DEPRECIATION
At 1 July 2022
1,396
618
19,667
Charge for year
161
2,755
5,105
Eliminated on disposal
-
(619)
(2,023)
At 30 June 2023
1,557
2,754
22,749
NET BOOK VALUE
At 30 June 2023
486
8,261
15,317
At 30 June 2022
647
411
14,064
11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
£
Trade debtors
23,721
Prepayments and accrued income
-
23,721
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
£
Trade creditors
-
Social security and other taxes
7,905
Pension
521
Accruals & deferred income
30,015
38,441
13.
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
2023
£
Within one year
26,000		 Totals
£
36,803
18,038
(3,717)
51,124
21,681
8,021
(2,642)
27,060
24,064
15,122
2022
£
61,192
8,915
70,107
2022
£
619
8,857
799
53,964
64,239
2022
£
26,000

The Foundation has a service level agreement with Crawley Town Football Club.

The lease commitments above represent the payments falling due over the life of the agreement based on the current rent payable.

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DocuSign Envelope ID: E5D29FE9-DA72-4344-A6C8-9AF68799C2F2

Crawley Town Community Foundation

Notes to the Financial Statements - continued for the Year Ended 30 June 2023

14. PROVISIONS FOR LIABILITIES

Ball court dilapidations provision
15.
MOVEMENT IN FUNDS
At 1.7.22
£
Unrestricted funds
General fund
336,870
TOTAL FUNDS
336,870
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
477,331
TOTAL FUNDS
477,331
Comparatives for movement in funds
At 1.7.21
£
Unrestricted funds
General fund
287,464
TOTAL FUNDS
287,464
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
492,296
TOTAL FUNDS
492,296		 2023
2022
£
£
89,249
78,498
Net
movement
At
in funds
30.6.23
£
£
(45,602)
291,268
(45,602)
291,268
Resources
Movement
expended
in funds
£
£
(522,933)
(45,602)
(522,933)
(45,602)
Net
movement
At
in funds
30.6.22
£
£
49,406
336,870
49,406
336,870
Resources
Movement
expended
in funds
£
£
(442,890)
49,406
(442,890)
49,406

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DocuSign Envelope ID: E5D29FE9-DA72-4344-A6C8-9AF68799C2F2

Crawley Town Community Foundation

Notes to the Financial Statements - continued for the Year Ended 30 June 2023

15. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
TOTAL FUNDS		 At 1.7.21
£
287,464
287,464		 Net
movement
in funds
£
3,804
3,804		 At
30.6.23
£
291,268
291,268

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS		 Incoming
resources
£
969,627
969,627		 Resources
Movement
expended
in funds
£
£
(965,823)
3,804
(965,823)
3,804

16. RELATED PARTY DISCLOSURES

During the year the Foundation was charged the following by Crawley Town Football Club:

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