KENTISH TOWN YOUTH FOOTBALL TRUST CIO TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2025
Charity no. 1161485
KENTISH TOWN YOUTH FOOTBALL TRUST CIO
TRUSTEES REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
KENTISH TOWN YOUTH FOOTBALL TRUST CIO TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2025
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 2025
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 Ludham, Lismore circus, NW5 4SF
Trustees
Tom Looney (Chair) Stacie Kanaris (Secretary, Treasurer and Welfare officer) Eliane Munier-Dautigny (Admin support)
Coaching Team
Tom Looney (Head Coach) Charlie Kanaris Richard Amoah Daniel Michaels Simon Sarponne Amar Suleiman Daniel Flynn
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 2025
Introduction
Kentish Town Football Academy (KTFC) is a community-based, not-for-profit football initiative dedicated to improving the lives of children and young people across the London Borough of Camden. Through its charitable arm, the Kentish Town Youth Football Trust, KTFC delivers accessible, inclusive, and structured football provision to support both personal development and physical wellbeing.
Currently, approximately 100 children and young people benefit from weekly KTFC-supported training sessions, delivered at key community venues including Cantelowes Gardens, Talacre Sports Centre, and the Three Acres Play Project. These sessions provide a safe and positive environment where participants can build confidence, develop teamwork skills, and engage in regular physical activity.
KTFC offers a structured development pathway for young players, combining consistent coaching with opportunities to progress into competitive football. Participants who demonstrate commitment and potential are supported to take part in local leagues, cups, and tournaments, representing the club and their community. This approach not only develops sporting ability but also promotes discipline, resilience, and aspiration.
In recent years, KTFC has prioritised the development of younger age groups (Under 6 to Under 15), responding to increased local demand. The academy is also committed to improving diversity and inclusion, with a particular focus on increasing female participation and ensuring equal access to opportunities regardless of background. This has led to programme expansion, including the creation of additional teams within the youngest age groups.
As a grassroots organisation, KTFC is acutely aware of the financial barriers that can prevent young people from accessing organised sport. To address this, the club operates a Hardship Fund, providing subsidised or fully funded places for families experiencing financial difficulty. Demand for this support continues to grow, reflecting the wider socio-economic challenges faced by the local community.
Beyond football delivery, KTFC plays a vital role in strengthening community cohesion. The academy brings together children from over 30 different schools and a wide range of cultural and socio-economic backgrounds, fostering inclusion and mutual understanding. Additional activities, such as family events and community initiatives, further support engagement and social connection “off the pitch.”
Looking ahead, KTFC is seeking funding to expand its provision and provide enhanced opportunities for its players. This includes the potential to take a group of young people to participate in an international football tournament in Europe —an opportunity that would be transformational for many participants, particularly those who may not otherwise have the means to travel abroad. The experience would promote cultural awareness, confidence, and aspiration, while allowing participants to represent their community on an international stage.
Funding support will enable KTFC to continue removing barriers to participation, expand its inclusive grassroots offer, and deliver meaningful, long-term impact for children and young people across Camden.
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KENTISH TOWN YOUTH FOOTBALL TRUST CIO TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2025
Structure, Governance, and Management
The Charity is a Charitable Incorporated Organisation (CIO), governed by its Foundation Constitution. The Trustees provide strategic oversight, ensuring the club meets its charitable objectives. Our coaching team, led by Head Coach Thomas Looney, operates on a consultancy basis. This model provides the financial flexibility necessary to adapt to changing facility costs in Camden while maintaining professional coaching standards for our members.
Objectives and Activities
The KTYFT is a community-based football initiative dedicated to supporting children and young people in Camden.
Inclusive Grassroots: Shifting focus from purely elite talent to a broader "football for all" model that prioritizes commitment and desire to play.
Financial Support: Utilising our Hardship Fund to provide reduced or free membership to families facing financial barriers.
Community Cohesion: Drawing players from over 30 different schools to build a stronger, more integrated local community.
Achievements and Performance (2024–25)
During the 2024–25 season, the Trust achieved the following:
International Participation: We successfully took five age groups to participate in a football tournament in Belgium. This landmark event provided our players with significant cultural and athletic experience, with the Hardship Fund ensuring no child was excluded due to travel costs. This fantastic opportunity saw our under 8s team win the cup for their age group. This gave them the greatest of confidence to believe that their hard work in training can take you to the next level. This also brought the club closer together as the different age groups were able to spend more time together as their training sessions don't always coincide with each other. They were on the sidelines supporting each other at any given opportunity. We have had comments from parents to say that bringing everyone together really made the club feel like a family.
Sustained Growth: Our focus on younger age groups (U6–U15) led to the successful operation of two Under 6/7 teams, meeting high demand from local families.
Diversity & Inclusion: We have made significant strides in integrating more female players into the academy, fostering an environment that reflects the diverse demographic of Camden. The Trust remains committed to its Hardship Fund, ensuring that membership remains accessible regardless of financial background.
Operational Localism: By utilising Three Acres Play Project alongside Cantelowes and Talacre, we have maintained a local presence while ensuring cost-effective operations.
Community Engagement: We continued to foster "off the pitch" support through family days and fundraising events like the annual fun run, strengthening the bond between the club and the local community.
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KENTISH TOWN YOUTH FOOTBALL TRUST CIO TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2025
Future plans 2025-26 and beyond
Girls' Program Expansion: Formalising additional coaching slots and teams dedicated to female players. To make connections with our local youth girls’ team to work together with incorporating more female players.
Tournament Legacy: Utilising the momentum from the Belgium trip to establish an annual "touring" culture within the club.
Coaching Pathways: Supporting our consultancy coaches in achieving advanced FA qualifications to further enhance the development of our talented youth. To help support our older players who wish to get into football coaching by creating clear pathways for older players to gain experience, access learning opportunities, and progress into football coaching.
Financial review
Total income for the year was £104,669 (2024: £54,904) and total costs were £96,979 (2024: £53,442) resulting in surplus of £7,690 for the year (2024: £1,462). The reason for the significant increase in income and costs this year was the tour to Belgium (see Achievements section above). At the year end, total funds were £17,698 (2024: £10,008). None of the funds are restricted. The introduction of seasonal sign-on fees has been fully integrated, providing the necessary liquidity to cover league and insurance fees at the start of the season.
Reserve policy
The reserves policy is to maintain sufficient funds that operations could continue for 12 months even if there were no one off donations or funding from public bodies. The Trustees are committed to increasing total funds to reach this level on an ongoing basis. A budget and cashflow forecast is prepared and monitored. As flagged above, a sign-on fee is now required and this is set at a level that covers the upfront expense of participating in the leagues at the start of the season in August. The trustees have worked hard to increase the amount being received from shirt sponsorship. Any one-off tours or events are independently budgeted for and costs are covered by the players and their families (including any hardship considerations).
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KENTISH TOWN YOUTH FOOTBALL TRUST CIO TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2025
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:
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Select suitable accounting policies and then apply them consistently
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Observe the methods and principles in the Charities SORP
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Make judgements and estimates that are reasonable and prudent
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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
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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 20[th] April 2026 and signed on their behalf by:
……………………………………….
Thomas Looney - Chair
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KENTISH TOWN YOUTH FOOTBALL TRUST CIO STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025
| 2025 Notes Income from: Donations 2 40,428 Charitable activities 2 64,241 Total Income 104,669 Expenditure on: Charitable activities 3 96,979 Total expenditure 96,979 Net movement in funds 7,690 Total funds brought forward 10,008 Total funds carried forward 17,698 Unrestricted |
2025 Restricted - - - - - - - - |
2025 2024 Total £ 40,428 7,033 64,241 47,871 104,669 54,904 96,979 53,442 96,979 53,442 7,690 1,462 10,008 8,546 17,698 10,008 Unrestricted |
2024 Restricted - - - - - - - |
2024 Total £ 7,033 47,871 |
|---|---|---|---|---|
| 54,904 53,442 |
||||
| 53,442 | ||||
| 1,462 8,546 |
||||
| 10,008 |
The attached notes form part of these accounts.
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KENTISH TOWN YOUTH FOOTBALL TRUST CIO BALANCE SHEET AS AT 30 JUNE 2025
| Notes CURRENT ASSETS Cash at bank LIABILITIES Amounts falling due within one year 5 NET ASSETS FUNDS Unrestricted funds: General funds 6 Total funds |
2025 £ 18,898 18,898 (1,200) 17,698 17,698 17,698 |
2024 £ 11,208 |
|---|---|---|
| 11,208 (1,200) |
||
| 10,008 | ||
| 10,008 | ||
| 10,008 |
Approved by the trustees on 20th April 2026 and signed on their behalf by:
……………………………………………
T Looney - Chair
The attached notes form part of these accounts.
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KENTISH TOWN YOUTH FOOTBALL TRUST CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1 Accounting policies
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) - (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 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.
Public benefit entity
The charitable meets the definition of a public benefit entity under FRS 102.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
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.
Fund accounting
Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.
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.
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 .
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.
Cash at bank and in hand
Cash at bank and cash in hand represents cash held in the charity's bank accounts.
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 CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
| 2 Income Donations & sponsorships Charitable activities: Parental fees contributions 3a Analysis of expenditure - current year Coaching incl kit & equipment costs League registration/ Pitch fees Football tour costs Admin costs Accountancy costs Support costs allocation |
£ 40,428 64,241 104,669 £ 30,231 13,422 42,098 - - 85,751 11,228 96,979 Unrestricted Charitable activities |
Restricted £ - - £ - - - 10,028 1,200 11,228 (11,228) - Support costs |
2025 Total £ 40,428 64,241 104,669 2025 Total £ 30,231 13,422 42,098 10,028 1,200 96,979 - 96,979 |
2024 Total £ 7,033 47,871 |
|---|---|---|---|---|
| 54,904 | ||||
| 2024 Total £ 27,098 15,088 - 9,756 1,500 |
||||
| 53,442 - |
||||
| 53,442 |
Of the total expenditure, £96,978 was unrestricted (2024: £53,442) and £nil was restricted (2024: £nil).
3b Analysis of expenditure - prior period
| Coaching incl kit & equipment costs League registration/ Pitch fees Admin costs Accountancy costs Support costs |
£ 27,098 15,088 - - 42,186 11,256 53,442 Charitable activities |
£ - - 9,756 1,500 11,256 (11,256) - Support costs |
2024 Total £ 27,098 15,088 9,756 1,500 |
|---|---|---|---|
| 53,442 - |
|||
| 53,442 |
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KENTISH TOWN YOUTH FOOTBALL TRUST CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
4 Related party transactions, Trustees' remuneration, benefits and expenses
There were no trustees' remuneration for the year ended 30 June 2025 (2024: none).
During the year, two trustees (2024: one) received payments for professional services supplied to the charity in a capacity separate from their role as trustees. The total amount paid was £11,122 (2024: £7,500).
During the period, transactions with the related parties were as follows:
T Looney (Trustee) - Coaching fee £10,173 (2024: £7,500) S Kanaris (Trustee) - Admin Fee £949 (2024: £nil)
The services were provided under a written agreement at rates considered by the remaining trustees to be in line with market value. The trustee did not participate in the decision to appoint or remunerate them, and the arrangement was conducted in accordance with the charity’s conflict of interest policy and constitutional provisions permitting such payments.
| 5 Creditors |
2025 £ |
2024 £ |
||
|---|---|---|---|---|
| Accruals | 1,200 | 1,200 | ||
| 6 Movement in funds - Current year Restricted Fund Unrestricted funds: General fund Total Funds Movement in funds - Prior period Restricted Fund Unrestricted funds: General fund Total Funds |
At 1st July 2024 £ - 10,008 10,008 At 1st July 2023 £ - 8,546 8,546 |
Income £ - 104,669 104,669 Income £ - 54,904 54,904 |
1,200 £ - (96,979) (96,979) £ - (53,442) (53,442) Expenditure Expenditure |
1,200 At 30 June 2025 £ - 17,698 17,698 At 30 June 2024 £ - 10,008 10,008 |
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