Registered number: 09152373 Charity number: 1159381 COLCHESTER UNITED COMMUNITY FOUNDATION (A Company Limited by Guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 COLCHESTER UNITED COMMUNITY FOUNDATION (A Company Limlted by Guarantee) CONTENTS Page Reference and Administrative Detalls of the Charitable Company, Its Trustees and Advisers Trustees. Report Indepèndenl Auditors, Report on the Flnan¢ial StalemÈnts Consolldated Statement of Flnanclal Activities 7-11 12 Consolidated Balance Shèet 13-14 Charitable Company Balance Sheet Consolldated Statement of Cash Flows J5-16 17 Notes to the Financial Statements 18-36 COLCHESTER UNITED COMMUNITY FOUNDATION (A Company Llmited by Guarantee) REFERENCE ANO ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 JUNE 2025 Trustees Robert Cowling Hayley Bannister (appointed 16 November 2024) Richard Hunt (appointed 1 October 2024) David Murthwaite (appointed 1 October 20241 Linda Gaine Anne Turrell Dimtri Frederick Halaiko (resigned 1 September 20241 Company registered number 09152373 Charity registered number 1159.881 Registered offl¢e PO Box C05 OLX, Jobserve Community Stadium United Way, Mil& End Colchester Essex C04 SUP Company secretary Helen Haworth Website www.cu-fc.corn/cucf Independent audltors Sumer Auditco Limited Stalulory Auditor Fi12roy House Crown Street Ipswi¢h Suffolk IPI 3LG P3ge 7 COLCHESTER UNITED COMMUNITY FOUNDATION IA Company Llmlted by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 30 JUNE 2025 The Trustees present their annual report together with the audited financial statements of the Group and Charitsble Company for the year 1 July 2024 10 30 June 2025. The Annual Report serves the purposes of both a Trustees, report and a dire¢tors' report under company law. The Trustees confirrn that the Annual Report and financial statements of the charltable company comply with the current stalulory requirements, the requirements of the charitable r.ompany's governing document and the provisions of the Statement of Recommendéd Practice (SORPI applicable lo charities preparing their accounts in aGcordance with the Financial Reportirsg Standard applicable in the UK and Republic of Ireland IFRS102) (effective 1 January 2019). Since the group and Ihe Charilable Company qualify as small under section 383 of the Companies Act 2006. the Group Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors, Report) Regulations 2013 has been omitted. Objectives and activlties a. Policies and objectives The principal object of the Group is to provide community participation in healthy recreation by providing prograrnmes for the playing of associalion football and other sports capable of improving health. During the year when planning Ihe activities of the Group, the Trustees have read and paid regard to the Charity Commission's guidance on public bep.efil in accordanco with section 17 of the Charities Act 2011. b. Main activitles undertaken to further the Charitable Company's purposes for the public benefit The Group provides high quality sports and education programmes to children, young people and 8dults from across the Ioc81 region. The Group positions ilsell to provide ils programmes to people ol all ages. hievements and performan¢e . Key performance indicators The Group generated a surplus for the financial year of £44,990 (2024.. £51,591>. The reserves held at the end of this financial year are £804,520 (2024: £759,530), ofwhich £Ni' {2024. £147,136. negative funds ) are re51ricled. Page 2 COLCHESTER UNITED COMMUNITY FOUNDATION (A Company Limited by Guarantee} TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 30 JUNE 2025 Achievements and perfomiance Icontlnued> b. Review of actlvitios We are delighted to report that 2024125 financial year has seen our highest ever revenue generated, number of participates and delivery hours engaged in our provision. This is huge credit lo the skills and experlise of our slaff, volunteers and Iruslees who are encouraging more people Ihan ever befo￿ to irnproiie their lives through sport. health, and education. We are now uniquely placeo to tackle some of the key issues that our oommunity is facin9, alongside cornbating broader societal challenges, and supporting local and nalional agendas. Throu9h the engagement of over 10,000 indiviauals each week, we positively impact our community by providing opportunities for people lo become the best version of Ihemselves. Ongoing partnership developNient is key to our slrategy and together we will inspire, enrich, and unite our Gommunilies. Adopting Our 'EnriGh our communilies" strate9y and upgrading our approach for Ihe limes we afe in, and the future we want to build is crucial. We believe sport and physical activity has a huge role to play in improving physical and mental health for all, supporting the economy, reconnecting communities, and building a stronger society for all. We are always there for our comrnlsnily but more importantly. we have been there for our communities thal need us mosl. Moving forwards, we will er15ure we contin￿e to make a differew)ce whether that is to individuals, groups oi the communily. The support of many partnei organisations has enabled us lo be successful in establishing our programmes at the heart of the COTnmunilies whilst addressing fnenlal health, physical health, loneliness, and isolation in ovr community. I hope you find our financial statements provide a clear insight inLo Colchester United Community Foundalion and ils Subsidiary, financial position. We are provd of the work we undertake and achievements, and look forward to ensuring another year of development. manageable growth and success ahead in 2026. Financial revlew a. Golng concern After making appropriate enouiries, the Trustees have a reasonable expectation thal the Group and Charitable Company have adequate resources lo meet its liabililies as they fall due and lo conlinLte in operational existence foi the foreseeable future, being al leasl 12 months from Ihe date of approval of these financial statements. For this reason, they continue to adopt the going concern basis in preparing Ihe financial statements. Page 3 COLCHESTER UNITED COMMUNITY FOUNDATION IA Company Limlted by Guarantee} TRUSTEES. REPORT ICONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 b. Reserves poliGy The increase in our restrtcted funds deficit from previous financial years relates lo increased project expenditure, as these project$ are ongoing, and further revenue is expected in Ihe months and years ahead we are forecasting that these will neulralise and bècome break even by the end of this financi81 year. It is the policy of the Group to maintain unrestrided funds, which are free reserves of the Group, al a level which equates to approximately six months unreslrioled expendilvre lo protect against a decline or inlerfuplion of future sources of incDme. Six months being deemed suitable lo enable the activities of tho Charitable Company in respecl of funding allo¢ations, ¢onlinuity in provision of se￿1¢e and responsibi5ities to staff to be fulfilled. The Group's free reserves al 30 June 2025 was £804,52012024: £906,666). The Truslees review the level of reserves of Ihe Group and Charitable Company in conlexl with the current economic climate lo ensure sufficient reserves are maintained to fLtlfill the Group and Charitable Company's activities on an ongoing basis. Structure, governance and management a. Constitution The Charitable Company is registered as 8 company limited by guarantee. The Charitable Company is constituted under a Memorandum of Association dated 29 July 2014 and is a registered charity, number 1159381. The principa1 objecl of the Charitable Company is lo promote community partieipalion in healthy recreation by providing facililies for the plawng of association football and other sports capable of improving health. b. Methods of appointment or election of Trustees The management of the Group and the Charitable Company is the responsibility of the Trustees who are elected and co-opted under the terms ol the Trust deed. c. Policie5 adopted for the induclion and training of Trustees New Trustees undergo three months, induction. During this time the new Trustee receives inslruclion on their obligalions under charily and company law, the Charity Commissian guidance on public benefits, govemance obligation5, the committee and decision making processes, Ihe business plan and recent financial performance of the Charildble Company. During induction the new Trustee Viiil attend appropriate external training events where these will facilitate thg undertaking of their role alongside an induction checklist and introduction pack. d. Rlsk management The Group and Charitable Company relains a Risk Management Policy where all changes are brought to the attention of the Trustees, and dependent on severily, action plans implemented to address the risk. This policy is reviewed on an annual basis at a board meeting. Page 4 COLCHESTER UNI I ED COMMUNITY FOUNDATION {A Company Limited by Guarantee} TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 Plans for future perlods To ensure the Group and Charitable Company continues lo enrich the lives of the people within our communities through high quality, engaging and inspiring sporting provisions. Specifically lo improve. grow and add to existing programmes. Statement of Trustees. responsibillties The Trustees (who are also the directors of Ihe Charitable Company for the Purposes of company law} are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted A¢counling Praclicej. Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are s8tisfied that they give a true and fair view of the slate of affairs of the Group and the Charitable Company and of their incoming resources and application of resources, including their income and expendilure, for that period. In preparing ihese financial slatemenls, the Tiustees are required to.. select suitable accounting policies and then apply them consistently,. observe the methods and principles of the Charities SORP (FRS 102). make judgements and accounting eslimales thal are reasonable and prudent., stale whether applicable UK Accounting Standards IFRS 102) have been followed, subject to any material dep8rtures disclosed and explained in the financial slalements.. prepare the financial slalemer)Is on the going concem basis unless il is inappropriale lo presume thal the Group will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain Ihe GroLSP and the Charitable Company's transactions and disclose witl) reasonable accuracy at any lime the financial position 0% the Group and the Ch2rilable Company and enable them lo ensure that the financial slalements comply with the Companies Act 2006. They are also responsible for safeguarding ihe assets of the Group and the Charitable Company and hence for taking reasonable steps for the prevention and detection of fraud and othei irregularities. Dlsclosure of information to audltors Each of the persons who are Trustees al the time when this Trustees, Report is approved has confirmed that= so far 3S thal Trustee is aware, there 15 no relevant 8udil information of which the charitable group's auditors are unaware, and Ihal Trustee has taken all the steps that ought to have been taken as a Trustee in order lo be aware of any relevant audit information and to establish Ihal the ch8rilable group's auditors are aware of that information. Page 5 COLCHESTER UNITED COMMUNITY FOUNDATION (A Cpmpany Limited by Guaranleel TRUSTEES, REPORT (CONTINUED> FOR THE YEAR ENDED 30 JUNE 2025 Auditors During the year, the Truslees appointed Sumer Audilco to the vacant position of the Charitable Companys Auditor. The auditors, Sumer Auditco Limited. have indicated their willingness to continue in office. The designated Trustees will propose a motion reappointing the auditors at a meeting of the Trustees. Accountlng exemptlons In preparing this report, the Truslees have laken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006. Approved by order of the member he board cf Trustees and signed on their behalf by. Mr R A Cowling Trustee Date: 12 March 2026 COLCHESTER UNITEO COMMUNITY FOUNDATION (A Company Limlted by Guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF COLCHESTER UNITED COMMUNITY FOUNDATION Opinion We have audited the financial statements of Col¢hestef United Community Foundation {the 'parenl charilable compariy.) and ils subsidiary (the 'group'l for the year ended 30 June 2025 which comprise the Consolidaled Slaternerit of Financial Aclivilies, the Consolidated Balarice Sheet, the Charitable Company Balance Sheel, the Consolidated Slalemenl of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in Iheir preparation is applicable18w and Untted Kingdom Accounting Standards. including Financial Reporting Slandard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, {Uniled Kingdom Generally Accepted Accounting Praclice). In our opinion the financial statements- give a true and fair view of the stale of the Group's and of the parent charilable compantys affairs as a130 June 2025 and of the Group's incoming resources and application of resources, including ils 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 accordan¢e with the requirements of the Companies Act 2006 and the Charities Ac12011. Basis for opinion We conducted our 8udil in accordance with International Standards on Auditing IUKI (ISAS IUK)} and applicable law. Our responsibilities under those standards are further described in Ihe Auditors, resporjsibilities for the audit of the financial statements seclion of our report. We are independent of the Group in accordance with the ethical requirements Ihal are relevanl to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Elhical Standard, and we have fulfilled our other ethical responsibilities in accordance with these iequiremenls. We believe that the audFI evidence we have obtained is sufficient and appropriate lo provide a basis for our opiniortr. Coneluslons relating to going con¢ern In audiling the financial statements, we have concluded that the Trustees, use of the going concern basis of accountin9 in the preparation of the financial statements is appropriale. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, mdy casl Signli￿ant doubl on the Group's or the parent Gharitable company's ability to continue as a going concern for a period of al least tvielve months from when the financial slalemenls are aulhorised lor issue. Our responsibilities and the responsibilities of the Trustees with respect lo going concern are described in the relevant sections of this reporl. Page 7 COLCHESTER UNITED COMMUNITY FOUNDATION (A Company Llmlted by Guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF COLCHESTER UNITED COMMUNITY FOUNDATION (CONTINUED) Other Inlormalion The other information CDmprises the information included in the Annual Report other than the financial stalemenls and our Auditors, Report thereon. The Trustees are responsible for the other information contained within the Annual Report. Our opinion on the financial stslements does not cover the other information and, excepl lo the exlenl olheFwise expliGitly stated in our report, we do not express any form of assurance concltjsion Ihereon. Our responsibility is to read Ihe other information and. in doing so, consider whether the olher information is materially inftop.sistenl with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misslated. If we identify such maierial inconsistencies or apparent material misst21emer)ts. we are required lo determine whether this gives rise lo a material misstatement in the financial statements themselves. 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. Other matters - prior year financial statemvnts unaudited The company was not required lo have a statulory audit for the year ended 30 June 2024 as it was entitled lo exemption by the provision of the Companies Act 2006 relat￿n9 to the audil of financial statements by virtue of Seclion 477 and no member or m&mbers requested an audit Pufsuanl to Section 476 of the Act. Accordingly, the corresponding figures for the year ended 30 June 2024 are unaudited. Opinlon on cther matters prescrlbed by the Companies Act 2006 In our opinion. based on the work undertaken in Ihe course of the. audit.. the information given in the Trustees, Report for the financial year for which the financial statements are prepared is consistent with the financial slatemenls. the Trustees. Report has been prepared in accordance with applicable legal requirements. Matters on which we are roqulred to report by exceptSon In the light of our knowledge and understanding of the charitable company and ils environment obtained in the course of the audit, we have not identified material misstatements in the Trustee5' Reporl. We have nolhiny to report in Tespect of the following matters in relation lo which Cornpanies Act 2006 requires us to report lo you il, in our opinion.. the parent charitable company has not kept adequate and sufficient accounting records, or returns adequate for our audit have not been received from branches not visited by us,, or the parent charitable company financial slatements are not in agreemenl with the accountir¢g records and returns,. or certain disclosures ol Trustees. remuneration specified by law are not made,. or we have nol received all the information and explanalions we require for our audit., or the Trustees werè not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies, exemplions in preparing the Trustees, Report arid from Ihe requirement lo prepare a Slrategic Report. Page 8 COLCHESTER UNITED COMMUNITY FOUNDATION (A Company Limllèd by Guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF COLCHESTER UNITED COMMUNITY FOUNDATION {CONTINUEDI Responsibilitie5 01 trustees As explained more fully in the Trustees, Responsibililies Statement, the Trustees (who are also the directors of Ihe charitable company for the purposes of company lawl are responsibl& for the preparation ot the financial statements and for being sa115fied Ihal they give a true and fair view, and fDr such internal control as the Truslees determine is necessary to enable (he preparation of financial slalements that are free from material misstatement, whetlier due lo fraud or error. In preparing the finaheial slalements, the Trustees are responsible for assessing the Group's and the parent charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going wncern basis of accounting unless the Trustees either intend to liquidate the Group or the parenl charitable company or to cease operations. or have no realistic alternalive bul to do so. Page 9 COLCHESTER UNITED COMMUNITY FOUNDATION (A Company Llmited by Guarantee} INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF COLCHESTER UNITED COMMUNITY FOUNDATION (CONTINUED) Auditors. responslbilities for the audlt of the finan¢lal statements OLtr objectives are lo obtain reasonable assurance about whelher the financial slalemerils as a whole are free from material misslatemenl, whether due to fraud or error, and to issue an Auditors, Report that includes our opinion. Reasonable assurance is a high level ol assuran￿. but Is not a guararslee that an audit conducted in accord2nce wilh ISAS IUKI will always delecl a maleri81 misslatemenl when il exists. Misstatements can arise from fraud or error and are considered material if. individually or in Ihe aggregale. they could re8sonably be expected lo influence the economic decisions of users taken on the basis ol these financial slalements. Irregularities, including fraud, are instances of non-compliance with laws and Tegulations. We design procedures in line wilh our responsibilities, outlined above, lo delecl material misstatements in respect of irregularities, including fraud. The èxtent to which our procedures are capable of detecting irregularities, including fraud 1$ detailed below. We identtfied areas of laws and regulations that could reasonably be expected to have a malerial effect on the financial statements from our general Commercial and sector experience, through discussion with the trustees (as required by auditing sl8ndards),inspection of the Group and ChaFilable Companys regulatory and le931 correspondence and discussed wilh Ihe trustees the policies and procedures regarding compliance with laws and regulations. We ¢ommunicaled identified laws noncompliance throughout Dur team and remained alert to any indications of noncompliance throughout the audit. The polenlial effect of these laws and regulations on the slalemenls varies considerably. Firstly, the Group and Charitable Company is subject to laws and regulations that directly affect the financial statements including financial reporting legislation and taxation legislation and vie assessed the extent of compliance wilh these laws and regulations as part of our procedures on Ihe related financial slatement items. Secondly, Ihe Group and Charitable Company is subject to many other laws and regulations where the consequences of non-compliance could have a material effect on amounts or disclosures in the financial slalemenls, for instance throLtgh the imposition of fines or liligalion. We identified tbe following areas as those mosl likely to have such an effect., heallh and safely regulations. employment law and GDPR. Auditing slandards limit the required audit procedures lo identify non-compliance with these laws and regulations to enquiry of the Trustees and other managernenl and inspection of regulatory and legal correspondence. if any. Audit procedures undertakerb in response to the potent181 risks ielating lo irrÈgu13rilies {￿'hiCh include fraud and non-compliance with laws and regiJlations} comprised of.. enquiries of management and those charged with govemance as to whether the Group and Charilable Company complies with such regulations., enquiries of management and those charged with governance concerning any aGIu81 or potential litigation or claims. inspection of any relevant legal documentation, review of Board minutes, testing the approprialeness of journal entries and Ihe performance of analytical review lo identify any unexpected movements in account balances which may be indicative of fraud. Because ol the inherent limitations of an audit, there is a risk that we will not delecl all irregularities, including those leading to a material misstalemÈnl in the financial slalements or non-compliance with regulation. This risk increases the more that compli3nce with a law or regulation is removed from the events and transactions reflected in the financial slalements, as we will bp. less likely to become aware of instances of non-compliance. The risk is also grealef re9arding irregularities occurring due to fraud rather than error. as fraud involves intentional concealmenl, for9ery. collusion. omission or misrepresenlelion. A further description of our respon5ibililies for the audil of the financial statenients is located on the FiFJancial Reporting Council's website al.. www.frc.or .uk]auditorsres onsibilities. Thiq description forms part of our Audilors, Report Page 10 COLCHESTER UNITED COMMUNITY FOUNDATION IA Company Llmited by Guaranteè) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF COLCHESTER UNITED COMMUNITY FOUNDATION (CONTINUED) Use of our report This report is made solely to the charitable coinpany's Iruslees, as a body, in accordance with Chapter 3 of Part 16 01 the Companies Act 2006, and lo the charilable company's trustees. a5 a body, Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we mighl state to the charitsble company's trustees those matters we are required to slate lo them in an Auditors, Report and for no other purpose. To the fullest extenl permitted by law, we do not accept or assume responsibility to anyone other than the charitable eompany and ils members, as a body, for our audit work, for this re.port, Of for Ihe opinions we have formed. ?1 I,, Ii.L John Perry (Senior Statutory Auditor) for and on behalf of Sumer Auditco Limited Senior Slatulory Auditor Fitzroy House Crown Street Ipswich Suffolk IP13LG Date.. Page 11 COLCHESTER UNITED COMMUNITY FOUNDATION IA Company Limlted by Guarantee) CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES IINCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 JUNE 2025 Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Tolal fvnds 2024 Note Income from: Charitable activities Othef trading activities Investments 704,463 372,056 23,607 341.081 1,045,544 372,056 23.607 960,259 321,982 14,167 Total income 1,100.126 341,081 1,441,207 1,296,408 Expenditure on: Raising funds Charitable activities 351,773 629,871 351,773 1,041,108 312,185 930,678 411,237 Total expenditure 981.644 411,237 1,392,881 1,242,863 Net incomel{expenditure} before taxatlon Taxation 118,482 {3,336) {70,1 $6) 48,326 {3,3361 53,545 11,954) Net incomel{expenditurel after taxation Transfers between funds 115,146 (217,292} (70,156) 217,292 44,990 51,591 17 Net movement in fund5 1102,146) 147,136 44,990 51,591 Reconciliation of funds.. Tolal funds broughl Iofward el movemenl in funds 906,666 (102,1461 {147,136} 147,136 759,530 44,990 707,939 51.591 Total funds carried forward 804,520 804,520 759,530 The Consolidated Statement of Financial Activilies includes all 9aiiis and losses recognised in the year The notes on pages 18 to 36 forffi part of these financial statements. Page 12 COLCHESTER UNITED COMMUNITY FOUNDATION (A Company Limited by Guarantee) REGISTERED NUMBER: 09152373 CONSOLIDATED BALANCE SHEET AS AT 30 JUNE 2025 2025 2024 Note Fixed as5et5 Tangible assets 12 249,080 263,786 249,080 263,786 Current assets Debtors Cash al bank and in hand 14 68,567 652,602 58,219 616,395 721,169 674,614 Current liabilitles Creditors.. amounts falling due within one year 15 (157,8951 (174.372) Net current assets 563,274 500,242 Total assets less current liabilities 812,354 764,028 Provisions for liabilities 17,834) {4.498} Total net assets 804.520 759.530 Charity funds Restricted fsjnds Unreslricled funds 17 17 (147.136) 906.666 804,520 Total funds 804,520 759,530 Page 13 COLCHESTER UNITED COMMUNITY FOUNDATION IA Coinpany Llmlted by Guarantee) CONSOLIDATED BALANCE SHEET (CONTINUED) AS AT 30 JUNE 2025 The Charitable Company was entitled lo exernplion from audit under section 477 of the Companies Act 2006. The members have not required the eiility lo obtain an audit for the year in question in accordance wilh section 476 of Ihe Companies Act 2006. However. an audit is required in accordance with section 151 of the Charities Act 2011 The Trustees acknowledge their responsibilities for complying with the requirements of the Act wtlh respect to accounting records and preparation of financial slatemenls. The financial 51alemenls have been prepared in accoTdanGe with the provisions applic8ble to enlilies subjed to Ihe small companies regime. The financial statements wore approved and aulhorised for issue by the Trustees and signea on their beh81f by.. Mr R A Cowling Trustee Date.. 12 March 2026 The noles on pages 18 10 36 form part of these financial statements. Page 14 COLCHESTER UNITED COMMUNITY FOUNDATION {A Company LimitÉd by Guarantee} REGISTERED NUMBER: 09152373 CHARITABLE COMPANY STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2025 2025 2024 Note Fixed assets Tangible assets InvestmÈnls 12 13 221,903 244.754 221,904 244,755 Current assets Debtors Cash at bank and in hand 14 54,449 639,663 44,220 608.473 694,112 652.693 Current liabilities Credilors.. amounts falling due within one year 15 {145,95n (172,386) Net current assets 548,155 480,307 Total assets less current liabilitle5 770,059 725.062. Total net assets 770,059 725,062 Charity fvnds Restricted funds Unreslricled funds 17 1147,136) 872,198 17 770,059 Total funds 770,059 725,062 Page 15 COLCHESTER UNITED COMMUNITY FOUNDATION (A Company Limlted by Guaranteel CHARITABLE COMPANY STATEMENT OF FINANCIAL POSITION (CON71NUED) AS AT 30 JUNE 2025 The Charitable Coompany's net movement in funds for the year wa* £44,997 (2024 - £67,876). The Charitable Company was enlilled lo exemption from audil under seclion 477 of the Companies Act 2006. The members have not required the enlily lo obtain an audit for Ihe year in question in accordance with section 476 of the Companies Act 2006. However, an audit is required in accordance with section 151 of Ihe Charities Act 2011 , The Trustees acknowledge their responsibilities for complying WFtlI the requiremenls of the Ac+ with respect to accounting records and preparation of financial statements. Th¢ financlal slalements have been prepared in accordance with the provisions applicable to entities subjecl lo the small companies regime. The financial slalements were appro and aulhorised for issue by the Trustees and si9neo on their behalf by: Mr R A Cowling Trustee Date: 12 March 2026 The notes on pages 18 10 36 form pert of these financial stalemenls. Page. ifi COLCHESTER UNITED COMMUNITY FOUNDATION (A Company Llmited by Guarantee) CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2025 2025 2024 Notes Cash flows from operating activitias Net cash generated in operaling activities 20 101,769 209.292 Cash flows from investing activities Purchase of tangible fixed assets {65,562) (152,520) Net cash used in investing actlvltles 165,562) (152,5201 Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year 36,207 56,772 616,395 559,623 Cash and cash equivalents at the ènd of the yoar 21 652,602 616.395 The notes on pages 1810 36 form part of these financial statements Page 17 COLCHESTER UNITED COMMUNITY FOUNDATION (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 General information The Charity Is a company limited b5, guarantee, The member5 of the Company are the Trustees named on page 3. In the event of the Company being wound up, the liability in respect of the guarantee is limited to £10 per member of the Company. A¢counting policies 2.1 Basls of preparation of financial statements The linancial slatements have been prepared in accordance with the Charities SORP {FRS 102) Accounting and Repor1ing by Charities. Slalemenl of Recommended Practice 8pplicable to charilies preparing their accounts in accordance with the Financial Reporting St?ndard applicable in the.UK and Republic of Ireland IFRS 102) (effective 1 JanL*ary 2019}, the Financial Reporting Standard applic8ble in the UK and Republic of Ireland IFRS 102) and the Companies Act 2006. Colchester United Community Foundation meets the definition of a public benefit enlily under FRS 102. Assets and liabilities are initially recognised al historic81 cost or transaction value unless Othe￿ISe slated ITr the relevant accounting policy. The Consolidated Statement of Financial Activities {SOFAI and Consolidated Balance Sheel onsolidate Ihe firkancial statements of the Charilable Company and its subsidiary undertaking. The results of the subsidiary are consolidaled on a line by line basis. The Chari18blo Company has laken advantage of the exemption allowed Linder section 408 of the Companies Act 2006 and has not presented its own Statement of Financial Aclivilies in these financ-ial stateme.nt¢ The functional and presentational currenly of the Group is GBP. 2.2 Basis of consolidatlon The consolidated financial statements present the results of the Charilable Cornpany and its subsidiary {"the Group") as it they form a single entity. Intèrcompany transactions and balances bebNeen group entities are therefore eliminated in lull. The consolidateLI financial slalemenls incorporate the results of business combiDations using both the purchase and merger methods of NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 12. Tangible flxed assets Group Long-term Short4erm leasehold leasehold Plant and property property rnachlnery Motoy Fixtures vehicles and fittlngs Total Cost or valuatlon Al 1 J¢ily 2024 Addition5 54,321 4,167 12,560 34,288 286,332 53,002 27.982 407,090 65.562 At 30 June 2025 54,321 16.727 34,288 339,334 27,982 472,652 Depreclalion Al l July 2024 Charge for the year 12,197 9,537 764 1,126 21,444 3,424 96,546 62.892 12,353 3,289 143,304 80,268 At 30 June 2025 21,734 1,890 24.868 159,438 15,642 223,572 Net book value AI 30 June 2025 32,587 14,837 9,420 179,896 12,340 249.080 At 30 June 2024 42,124 3,403 12,844 189.786 15,629 263,786 Page 26 COLCHESTER UNITED COMMUNITY FOUNDATION {A Company Limlted by Guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 202S 12. Tangible fixed assets {contlnuedl Charilable Company Long-term leasehold property Plant and machinery Motor vehlcles Total Cost Of valuation At 1 July 2024 Addilions 54,321 34.288 286,332 53,002 374,941 53,002 AI 30 June 2025 54,321 34,288 339,334 427,943 Depreclation At 1 July 2024 Charge for the year 12,197 9,537 21,444 3,424 96,546 62,892 130,187 75,853 AI 30 June 2025 21,734 24,868 159,438 206,040 Net book value At 30 June 2025 32,587 9,420 179,896 221,903 At 30 June 2024 42.124 12,844 189,786 244,754 Page 27 COLCHESTER UNITEO COMMUNITY FOUNDATION (A Company Limited by GuaTanlee> NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 13. Flxed asset investments Inveslmènts in subsidiary eompanles Charitable Company Cost or valuation At l July 2024 AI 30 June 2025 Net book value AI 30 June 2025 AI 30 June 2024 Prlnclpal subsidiarie5 The following was a subsidiary undertaking of the Charitable Company.. Name Registered office or Principal principal place of aetivity business Class of shares Holding Colchesler United Commiinity Trading Jobserve Community Sports Limited Stadiiim activities United Way Mile End Colchesler Essex C04 SUP Ordin8ry 100% The financial results of the subsidiary for the year were: Name Income Expenditure Profitl(Loss} I Surplusl {Deficitl for the year Net assets Colchester United C*ommuriily-frading Limited 372.056 (355,109) 16,947 34,462 P.age. 28 COLCHESTER UNITED COMMUNITY FOUNDATION IA Company Ltmited by Guarantee> NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 14. Debtors Charitable Company 2025 Charitable Company 2024 Group 2025 Group Due wlthln one year Trade debtors Amounts owed by subsidièry undertaking Amount8 owed by related parties Other debtors Prepayments and accrued income 17,143 10,655 13.735 20.241 5,796 18,393 5,918 33 2,500 33 45,031 45.473 20,473 20,031 68.567 58,219 54,449 44,220 The amounts owed by the subsidiary undertaking are interest free and repayable on demand. 15. Creditors- Amo(Jnts falling due withln one year Charitable Company 2025 Charitable Company 2024 Group 2025 Group 2024 Trade creditors 30.549 12,607 24,352 3,476 14,253 10,725 9,929 29,091 Amounts owed to group %Jndertaking Amounts owed lo related parties Other taxation and social security Accruals and deferied incorriè 20,795 350 34,344 2,950 124,471 106,201 103,876 122,641 157,895 174,372 145,957 172,386 Thp amounts owed to the subsidiary undertakin9 are inleresl flee and repayable on derriand. Page 29 COLCHESTER UNITED COMMUNITY FOUNDATION (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 16. Deferred laxation Group 2025 At the beginning of the ye {157,895) 17.834) {7,834} Total 804,520 804,520 Page 34 COLCHESTER UNITED COMMUNITY FOUNDATION (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 19. Analysls of net assets be￿een funds (continued) Analysls of net assets between funds - prior year Unrestricfed funds 2024 Restricted funds 2024 Total funds 2024 Tangible fixed assels Current assets Creditors due within one year Creditors due in more than one year Provisions for liabilities and charges 263.786 674.614 128,322) 1.086 (4,498) 263,786 674,614 (174,372) 1146,050) 11.0861 14,498) Total 906,666 (147.1361 759,530 20. Reconciliation of net movement in funds to net cash flow from operatFng activities Group 2025 Group 2024 Net income for the year {as per Statement of Finan￿al Activiliesl 44,990 51,591 Adjustments for: Depreciation charges Increase in debtors Increasel(decrease} in credilors 80,268 13,895) 119,5941 61,872 {14,5151 110,344 Net cash provided by operating a¢livities 101,769 209,292 21. Analysis of cash and cash equivalents Group 2025 Group 2024 C8sh in hand 652,602 616,395 Total cash and cash equivalents 652,602 616,395 Pagp 35 COLCHESTER UNITED COMMUNITY FOUNDATION (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 22. Analysis of changes in net debt At 1 July 2024 Cash flows At 30 June 2025 Ccish al bank and in hand 616,395 36,207 652,602 616,395 36.207 652,602 23. Related party transactions The Charitable Company has taken advanlage of FRS 102 Section 33 "Related Paty Disclosures" exemplion permilling it lo not dioclose transactions with Group undertakings where 100°/o of the voling rights are ¢onlrolled within the Group. At the year end dale, the Group owed Colchester United Football Club Limited, a company controlled by one ol the Trustees, an amount of £3,681 (2024- £5,253). During the year, the Group incurred m8n8gemenl charges from Colcheyler United Football Club Limited amountiiig to £27.00012024= £22,250). At the year end dale, the Group owed Jopserve Limited. a company controlled by one ol the Trustees, an amount of £10,24312024: £Nil). At the year end dale, Ihe Group owed Colchester United Hospitality Limited. a Company controlled by one of the Twslees, an amount of £907 (2024.. £Nil). During the year, Aspire Projects Limited, a company controlled by one Df the Truslees, carried out work for the Group lolalling £522 (2024: £Nill. Al the year end date. £46 12024.. £Nil) was owed to Aspire Projecls Limited. 24. Controlling party The Charitable Company is controlled by the Board of Trust68s. Page 36 COkCHESYER UNITEDFC COMMUNITY FOUNDATION Regislei￿ Lhaiiry Nlimber 1159381 Colchester Unlted Communit Foundation Charities Commission Re ortjul 2024- June 2025 We are delighted to report that 2024.25 financial year has seen our highest ever revenue generated, number of participates and delivery hours engaged in our provision. This is huge credit to the skills and expertise of our staff, volunteers and trustees who are encouraging more people than ever before to improve their lives through sport, health, and education. We are now uniquely placed to tackle some of the key issues that our community is facing, alongside combating broader societal challenges, and sUPPOrting local and national agendas. Through the engagement of over 10,000 individuals each week, we positively impact our community by providing opportunities for people to become the best version of themselves. Ongoin8 partnership development is key to our strategy and together we will inspire, enrich, and unite our communities. Adopting our"Enrich our communities" strategy and upgrading our approach for the times we are in, and the future we want to build is crucial. We believe 5POrt and physical activity has a huge role to play in improving physical and mental health for all, sUPPOrting the economy, reconnecting communities, and building a stronger society for all. We are always there for our community but more importantly, we have been there for our communities that need us most. Moving forwards, we will ensure we continue to make a difference whether that is to individuals, groups or the community. The support of many partner organisations has enabled us to be successful in establishing our programmes at the heart of the communities whilst addressing mental health, physical health, loneliness, and isolation in our community. I hope you find our Charites Commission report provides a clear insight into Colchester United Community Foundation financial position. We are proud of the work we undertake and achievements, and look forward to ensuring another year of development, manageable growth and Success ahead in 2026. Corin Haines Chief Executive Officer TO INSPIRE, ENRICH AND UNITE OUR COMMUNITIES www.cu-fc.com/cucf cucfcbcolchesterunited.net 01206 755160 O Oa ColU_CF O /ColU_CF #enrichourcommunities Shrub End Conim uiiity & Sport Centre, Boadicea Way, CDlchesler, Essex, C02 9BG