**KENTISH TOWN YOUTH FOOTBALL TRUST CIO**
## **Charity no. 1161485**
# **KENTISH TOWN YOUTH FOOTBALL TRUST CIO TRUSTEES REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 JUNE 2021**
**KENTISH TOWN YOUTH FOOTBALL TRUST CIO**
## **CONTENTS**
||**PAGE**|
|---|---|
|**Reference and administrative information**|**1**|
|**Trustees’ report**|**2 – 5**|
|**Independent examiner's report**|**6**|
|**Statement of financial activities**|**7**|
|**Balance sheet**|**8**|
|**Notes to the financial statements**|**9 - 11**|
**KENTISH TOWN YOUTH FOOTBALL TRUST CIO TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2021**
## **Reference and Administrative Details**
## **Name of charity**
Kentish Town Youth Football Trust CIO. Known as Kentish Town Football Academy but playing under the name Kentish Town Football Club
## **Charity Registration**
A registered charity in England and Wales (1161485)
## **Registered Address**
79 Bartholomew Rd, London NW5 2AH
## **Trustees**
John Nayagam (Chair) Kaya Skaanes (departing) Eliane Munier-Dautigny (Treasurer) Matt Leach Texeira Charles Elaine Smalley (Secretary)
## **Coaching Team**
Tom Looney (Head Coach) Ben Flynn Charlie Kanaris Richard Amoah Daniel Michaels Fabio Suarez
## **Accountants**
Accountability Europe Limited Omnibus Workspace, 39 - 41 North Road, London N7 9DP
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**KENTISH TOWN YOUTH FOOTBALL TRUST CIO TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2021**
## **Introduction**
Kentish Town Football Academy is a community based football initiative, based in and providing services to children and young people in Camden, working through a dedicated charitable vehicle – the Kentish Town Youth Football Trust.
During this period approximately 170 children and young people take advantage of KTFA-supported training sessions based out of Camden’s Cantelowes Gardens, Talacre Sports Centre, Whittington Park and Fleet Schools.
During this period the club has ambitiously extended to support an u18s age group and a men’s team. We have also embarked upon trialling a partnership with Edgware Town FC at U16 level.
Training provision includes formalised training and development for talented children able to commit to membership of the club and attendance at regular weekly training sessions. Nearly 150 children and young people have benefited from this over the last year, attending multiple training sessions every week. Where they show potential, players participate in Football Leagues, Cups and tournaments under a KTFA badge.
As a small, not-for-profit locally based club, there will always be limits to the numbers of children we can support through our work. We therefore focus, in particular, on providing training to those with the most potential, ensuring minimal financial barriers are placed in the way of talented children developing their sporting potential.
By attracting young people from across the borough – children at the club attend some thirty different schools across the Borough, and are drawn from a wide range of backgrounds - the club contributes to building community cohesion across the borough.
The club continued to manage its provision in line with govt policy on lockdowns and social restrictions in relation to the Covid pandemic. This year was a focus on extension of pathways and supporting members financially during the ongoing pandemic.
## **Background**
KTFA was originally set up as an initiative by members of the Camden Council Youth Services team. Initially, the purpose was to find ways to add value to Camden’s sports development programme by providing a focus and purpose to what had been declining participation levels in its football-based outreach programmes.
At the outset, the club was established in loose partnership with Torriano Primary School and drew most of its participants from the local Torriano Estate. Subsequently it was run in partnership with local semi-professional club Kentish Town FC, extending participation to a wider pool of young people across Camden.
Most recently, following the dissolution of Kentish Town FC in early 2015, parents of children at the club formed a Charitable Incorporated Organisation - Kentish Town Youth Football Trust – to take over responsibility for the club, with the aim of generating even more sustainable impact, in particular through increased sponsorship and volunteering, ensuring that a much valued and successful initiative was sustainable into the long term.
In 2019 the club secured FA Chartered Standard and the Camden Active Mark and has stepped away from the Coaching partnership with Camden in favour of directly contracting coaching services on a consultancy basis contributing to its status as a going concern.
## **Vision and success**
The vision for KTFA is to provide the highest quality, accessible football training to talented young footballers in Camden, whilst building community cohesion, encouraging volunteering and growing links with local businesses. For kids with sporting aspirations beyond grassroots level the club is committed to establishing pathways to opportunity.
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**KENTISH TOWN YOUTH FOOTBALL TRUST CIO TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2021**
Participation fees are kept as low as possible to ensure that players are able to succeed on the basis of talent and potential, not ability to pay. As a charity there is an absolute assurance that all the money coming into the club goes to meeting the costs associated with running the club.
Since its formation, the Academy has been successful in helping realise the full potential of Camden’s young footballing talent, with significant numbers of players going on trial with professional clubs and a number signing up on permanent terms - combined with significant on field success in the form of league and cup wins at a number of age groups.
Our aim is to combine social impact, grassroots sporting participation, financial sustainability and sporting success.
## **A success based on membership, partnership and community**
Kentish Town Football Academy developed successfully because of the close partnership between Camden Sports Development and the club. The club retains preferential rates on some training venues from partnership with Camden. It has also realised the benefit of supporting the re-development of Fleet School with preferential rates on training sessions at that venue and has even extended into neighbouring boroughs as required.
During 2020/21 KTYFT
- Secured £500 in sponsorship support and donations to help meet costs. This was reduced from last year’s £1,500 and securing committed sponsorship continues to be a perplexing problem. An “angel” committed on a monthly basis for a period of time and discussions with a large local business are at an advanced stage.
- Secured £40,371 (reduction of £2.5k following an increase of £4k the previous year) in contributions from parents through donations and subscription income. Members paying subs fees has been a significant problem in this period and will be addressed during the next period.
- Kaya Skaanes stepped down as a long serving trustee with her responsibilities (among others) passing to a new member of the team in Stacie Kanaris (nee Farren), who it is hoped will grow her involvement over time.
- Took positive action in establishing pathways for players beyond 16 years old. Organisationally establishing a core Ops team and Senior leadership coaching team while externally piloting a working bridge with the semi professional outfit of Edgware Town FC
- Offered free coaching sessions to Camden primary schools to encourage kids activity following a long lockdown period.
Enabling KTFA to:
-
Maintain its stable financial base while not increasing monthly membership - however the base float of £12k has been breached and will be a driver for a price increase.
- Maintain grassroots teams and enter a variety of different leagues and cups.
- Enable U16 level to play under an Edgware Town banner in a higher league.
-
- Extend to support an U17 and U18 team PLUS a men’s team in a midweek league.
- Provide a free allocation of coaching to 3 local schools to encourage primary school kids to get back to organised sports following a long period of lockdown
-
- Purchase and utilise specialist camera and filming techniques to improve training and education
- Pay the (significant) registration fees to enable players to take part in local competitive leagues and FA affiliation fees.
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## **KENTISH TOWN YOUTH FOOTBALL TRUST CIO TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2021**
- Provide a platform to support provision of additional weekend hours by coaches to support participation in competitive leagues.
- Meet the cost of hiring Camden training facilities at Cantelowes and Talacre (we are grateful for Camden’s support in providing this at a “community” rate of hire), Whittington Park and Fleet school.
- Support coaches to gain training qualifications to support the paid coaches in delivering the highest quality coaching support to children and young people at the Academy.
- Maintain a hardship fund whereby families unable to pay subscriptions can be supported by the club. This was utilised in greater depth during the Covid Pandemic.
- Support parents who needed to take “payment holiday” during the pandemic if they were out of work and within reason provided refunds to families who over extended during lockdown.
- Hire additional training facilities where needed to accommodate additional demand for training capacity at some age groups.
- Pay professional coaches directly.
- Absorb the impact of lost funds due to one of our training providers entering liquidation during the Pandemic, with the club having paid for 12 months of training slots.
## **Ambitions for 2021 and beyond**
Re-structure the subscription model and increase the fee in preparation for the start of the 22/23 season with the two-fold goal of aligning with the increasing operational costs and reducing the level of management required from volunteers.
The club will keep endeavouring to secure a kit sponsor as a priority regardless of how difficult this might be..
Succession planning and diversity planning across the management team will grow in importance as the existing trustees and operations team approach the end of their child’s involvement with the club.
Review and revise the pathways in response to learnings from the pilot and in line with upstream flow of age groups.
Players and families have expressed a wish for longer training sessions. The club will explore this when defining the training schedule for the next season.
Goalkeeping training sessions have not re-started since the pandemic and the club want to re-start this and publicise their availability.
The club will more actively engage in outreach programmes to estates and schools in the borough thus maximising the social impact of the club.
Re-invigorate the links with pro clubs for trials and practice games.
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**KENTISH TOWN YOUTH FOOTBALL TRUST CIO TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2021**
## **Statement of responsibilities of the trustees**
The trustees 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 charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these financial statements, the trustees are required to:
- Select suitable accounting policies and then apply them consistently
- Observe the methods and principles in the Charities SORP
- Make judgements and estimates that are reasonable and prudent
- State whether applicable UK Accounting Standards and statements of recommended practice 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 charity will continue in operation
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity 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 charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. If the CIO is wound up the members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities. (The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.
The trustees’ annual report has been approved by the trustees on **18/02/2022** and signed on their behalf by:
……………………………………….
## **John Nayagam - Chair**
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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF KENTISH TOWN YOUTH FOOTBALL TRUST CIO FOR THE YEAR ENDED 30 JUNE 2021
I report to the trustees on my examination of the accounts of Kentish Town Youth Football Trust CIO for the year ended 30 June 2021.
## **Responsibilities and basis of report**
As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
________________________ **Aamer Shehzad FCCA FCA** Accountability Europe Ltd Omnibus Workspace 39-41 North Road London N7 9DP
## Date: **23 February 2022**
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## **KENTISH TOWN YOUTH FOOTBALL TRUST CHARITABLE INCORPORATED ORGANISATION STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 30 JUNE 2021**
**----- Start of picture text -----**
2021 2021 2021 2020 2020 2020
Notes Unrestricted Restricted Total Unrestricted Restricted Total
Income from: £ £
Donations 2 - 500 500 - 1,500 1,500
Other trading activities 2 40,371 - 40,371 42,937 - 42,937
Total Income 40,371 500 40,871 42,937 1,500 44,437
Expenditure on:
Raising funds 3 - - - - - -
Charitable activities 3 47,235 500 47,735 41,507 1,500 43,007
Total expenditure 47,235 500 47,735 41,507 1,500 43,007
Net movement in funds (6,864) - (6,864) 1,430 - 1,430
- -
Total funds brought forward 16,492 16,492 15,062 15,062
Total funds carried forward 9,628 - 9,628 16,492 - 16,492
**----- End of picture text -----**
The attached notes form part of these accounts.
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**KENTISH TOWN YOUTH FOOTBALL TRUST CHARITABLE INCORPORATED ORGANISATION BALANCE SHEET**
## **AS AT 30 JUNE 2021**
**----- Start of picture text -----**
2021 2020
Notes £ £
CURRENT ASSETS
Cash at bank 10,468 17,272
10,468 17,272
LIABILITIES
Amounts falling due within one year 5 (840) (780)
NET ASSETS 9,628 16,492
FUNDS
Unrestricted funds:
General funds 6 9,628 16,492
Total funds 9,628 16,492
**----- End of picture text -----**
Approved by the trustees on **18/02/2022** and signed on their behalf by:
…………………………………………………………..
## **J Nayagam - Chair**
-
The attached notes form part of these accounts.
8
**KENTISH TOWN YOUTH FOOTBALL TRUST CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 JUNE 2021**
## **1 Accounting policies**
## **a) Basis of preparation**
The financial statements have been prepared in accordance with 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 2015) - (Charities SORP FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The charity is exempted from preparing cash flow statement due to adoption of the exemption available (update 1B effective Feb 2016) to the charities with income less than £500,000.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.
## **b) Public benefit entity**
The charitable meets the definition of a public benefit entity under FRS 102.
## **c) Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **d) Income**
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.
## **e) Fund accounting**
Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.
## **f) Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure on charitable activities includes the costs of undertaken to further the purposes of the charity and their associated support costs.
## **g) Allocation of support costs**
Expenditures are allocated to the raising funds and charitable activities where the cost relate directly to that activities. However, the cost of overall direction and administration of activities, comprising the overhead costs of the central function, is apportioned on the basis of their total direct costs .
## **h) Debtors**
Debtors are recognised at the settlement amount due after any trade discount offered and relate to unpaid membership fees. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **i) Cash at bank and in hand**
Cash at bank and cash in hand represents cash held in the charity's bank accounts.
## **j) Creditors**
Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount.
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## **KENTISH TOWN YOUTH FOOTBALL TRUST CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021**
|**2**
**Income**
Sponsorship & Donations see note 2a
Parental playing fees contribution
**2a**
**Donations**
Jack Petchey Foundation
**3**
**Analysis of expenditure - current year**
£
Kit & Equipment costs incl coaching
-
League Registration/Pitch fees
-
Admin costs
-
Accounting and Bookkeeping
-
-
Support costs
-
-
Cost of
raising
funds|£
-
40,371
40,371
-
£
20,013
26,250
-
-
46,263
1,472
47,735
Unrestricted
Charitable
activities|Restricted
£
500
-
500
500
£
-
-
572
900
1,472
(1,472)
-
Support
costs|**2021**
**Total**
**£**
**500**
**40,371**
**40,871**
**500**
**500**
**2021**
**Total**
**£**
**20,013**
**26,250**
**572**
**900**
**47,735**
**-**
**47,735**|2020
Total
£
1,500
42,937
44,437
1,500
1,500
2020
Total
£
18,242
23,185
620
960
43,007
-
43,007|
|---|---|---|---|---|
Of the total expenditure, £47,235 was unrestricted (2020:£41,507) and £500 was restricted (2020:£1,500).
Support costs were allocated to cost of raising funds and charitable activities on the basis of their total direct costs.
## **Analysis of expenditure - prior period**
|Kit & Equipment costs incl coaching
League Registration/Pitch fees
Football tour costs
Admin costs
Accounting and Bookkeeping
Support costs|£
-
-
-
-
-
-
-
-
Cost of
raising|£
18,242
23,185
-
-
-
41,427
1,580
43,007
Charitable
activities|£
-
-
-
620
960
1,580
(1,580)
-
Support
costs|2020
Total
£
18,242
23,185
-
620
960
43,007
-
43,007|2019
Total
£
14,091
23,635
8,805
336
720
47,587
-
47,587|
|---|---|---|---|---|---|
## **4 Trustees' remuneration, benefits and expenses**
There were no trustees' remuneration or other benefits for the year ended 30 June 2021 (2020: none). There were no trustees' expenses paid for the year ended 30 June 2021 (2020: none).
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## **KENTISH TOWN YOUTH FOOTBALL TRUST CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021**
**----- Start of picture text -----**
2021 2020
5 Creditors £ £
Accruals 840 780
840 780
At 30
At 01 June
6 Movement in funds - Current year July 2020 Income Expenditure 2021
£ £ £ £
Restricted Fund - 500 (500) -
Unrestricted funds:
General fund 16,492 40,371 (47,235) 9,628
Total Funds 16,492 40,871 (47,735) 9,628
At 30
At 01 July June
Movement in funds - Prior period 2019 Income Expenditure 2020
£ £ £ £
Restricted Fund - 1,500 (1,500) -
Unrestricted funds:
General fund 15,062 42,937 (41,507) 16,492
Total Funds 15,062 44,437 (43,007) 16,492
**----- End of picture text -----**
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