REGISTERED COMPANY IYUMBER: 11479562 (England And Walei) REGISTERED CHARITY NUMBER.. 1197990 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 liOR CSM FOUNDATIO Prestons & Jacksons Partttership LLP 364 - 368 CraDbrook Road tlford Essex IG2 6HY CSM FOUNDATION CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Pagt Report of the Trnlte I to 4 IndepeDdeDt Examlner'i Report Statement of Fln*Melal Aetlvltl Balan¢e Sh¢¢t 7 to 8 Not¢1 to the Fltt•Dclal St*temeDtI 9 10 14 Detslled StAtemeDt of FlnaD¢lal Actlvl¢l 15 to 16 CSM FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 Jiyj 4E 2024 The trustees who are also direclors of the cbarity for the PUT￿$eS of the Comp8ni&s Act 2(M)6. present their report with the financial statements of the cbarity for the year ended 30 June 2024. The tru5tee5 have adopted lh¢ provisions of Accounting aDd R¢porting by Chariti¢s: S¢at¢m¢nt of R￿QMMenda Pracli¢¢ applicable to charities preparing their accounts in 8ccordaD¢e with the FiDanci&I Reporting SL￿dard applicable in the UK and Republic of Jrcland (FRS 102) (eff￿tIyC l January 2019). CIIARITY COMMISSION REGisfRATION The charitable company was registered with Charity Commission oa 9th F¢bnwy 2022. OBJECTtVES AND A￿1VITIEs Objectives and *imi The promotiott of commuDity participation in healthy rematiOD for the public benefit in particul&r marginalised communities by wpporting the provision of facilitie4 training and coachinB in the sport of football. Publ1¢ benellt The lrnslees confirn) that they have complied with the duty in section 4 of the Charities Act 2011 lo have the regard to public benefit guidance published by the Charity Commission in determining the aetivities und¢rtak¢D by thc Charity. All activitics usc spon as a lool 10 8UPPOrt physic41. mcntsl and social wcllb¢in8 by bringing people together through football. Page I CSM FOUNDATIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JLWE 2024 ACHIEVEMENf AND PERFORMANCE Charitable adiviti CSM Foundation has successfully deltvered multiple ￿mI￿U01ty f(x)tball initiatives in the 2023-24 seasoa. Since l&$t year. th¢ Foundation h&s continued with its delivery of 4 core comtUUDity pTo¥rammes (Coach-Fd.. FEED, Player Leagues. and Roads to Suc￿$$). This is in addiiion to the 3 adult fiK)tball sidcs that ￿¢ run undv the CSM London FC banner. CSM London FC has once again operated with 3 registcred m8le adult Icam8 with 146 regis¢er¢d att¢nd¢es to CSM London club. Thig numbcr reduc￿ from last season. but is seen as a positivc as it shows a more re8ular ￿0￿p of playcrs that did not r￿Uire fuTther influx of participants due to players leaving. Planning mee¢ings have now iakcn please to prepare for a new under 23s team for 2024-25. to follow up with a CSM Youth programme for early 2025. Currently the Senior team is playi08 at Step 7 a& we contlnue o quest to move up th¢ Don-l￿gue football ladder. PWLg4 Prim Parthers: Sam's ￿PrO Consultin Mainlenance l An ian Self Stora / P¢S￿h 24n orted bJ our Business Club Parnius: Premons Cb8rt¢r¢d A¢wuntants ! OCS Maintcnance / Flile S orts Marketin . l NACCS / Studlet / G￿r / ￿10 onsultallts L IP Taxi l Luxe txaih¢r I Roast r.7 1 Ta Ilealth l Mammoth Coaeh-Ed. is CSM'S coach education pro8rnmmc that provid¢s free a¢¢u8 to Introduction lo Coachin8 Football. First Aid and Saf¢8varding qualifications witb The FA It's mission is to sub$idis¢ wsls for the8e qualifications by supporting youn8 people aged 16+ and not ID ¢mployTrent to yin employThent skills. Due lo th¢ qualification being delivered online. our Coach-FAI. programme also includes practjC81 coachin8 gupport and mentoriD8 from senior coaches. One of the biggest success stories is how Some of our early Coa¢h-Ed. participants from 2018-19 now make up pan of our mentor team for the cutrent wave of participants from 2023.24 Tolal for 2023-24- 31 newl alified coa¢h Funded and su rteAI b . KFC Foundation FEED is CSM'S donation drive to raise funds and purchase much Deeded to11￿1¢S and groceri¢8 for local contingency hotels and homeless shclt¢T$ in East London. We tsrget 2 drops per year. and now have 7 regular subscription based donor8 providiD8 funds diTtctly to the FEED programme. At each drop. we also provide good ¢ondition footwear and children's loy5 kindly donated from the CSM Community. Players, volunteers and commer¢ial partn¢r8 bave all joined us for the FEED drops for 2023-24 attd we are continually grateful for this generous offer of time and monry to the cause. Total for 2023-24= £2 551 raised Funded and su ed b 80 donors Player Lea8llei 18 CSM Foundation'8 ¢ommuDity football initiative that brings together people from different backgrounds lo participate in regular fwtball activity ou a weekly ba$i$. The concept is unique as it provides a 'casualndon wcr¢ invilcd by UEFA and the Mayor of London oific¢ to play on the invite only pitch at the Somerset Housc Fan Fe8tiV81 Zooe. We took 20 of our 1fv19 y¢ar olds that participate in OUT CSM ¢on)munity scssions to ¢¢Dtral Inndon for an amazing experience. Fund¢d and 811 ed b UEFA and Ma f iL)ndon ffice CHALLENGES A$ with la* year's costwof-Iivin8 ¢riiis the costs of hirin8 facilities have CODtiaued io ris¢. Furth¢rnioT¢, facility Crisi8 came about in Febw 2024 when our main base of aGtivities gave two weeks, notice to leave the 8lte as they were due to comrnence sudden reDovatioll works. This did pre8¢nt a major predicamenl wbere all CSM iK*ndoD FC training and matGhe5 for the Saturday te￿ and all ￿tiVItieS for CSM Foundation's community prowmmes looked Set lo cus¢ op¢ration$ for at I￿St a month but for 8 quick mov¢ ¢0 new 51t¢ availabl¢ within East LL)ndoD. This bas now allowd for a 8umm¢r of plannin8 the growth of furure CSM Foundation and CSM ￿)ndOn FC activiti¢s. However. there are a number of existin8 challenges thai remain for CSM: Wc are opcralin8 at full ¢ap8city with a ¢ompl¢t¢ly vohwtary human resource and no paid part4im¢ or full-time memberg of staff - Hiring I￿8] football v¢nu¢s is limit04 in supply aDd therefore Tell￿7￿8 ¢xtr¢mcly expensive. - There is a reduction ID Cunding 8vailable sp￿lficallY for ￿8T00￿ football projects mcanin8 th¢rc inGr¢ased compctition io &cces8 public fvnds for our activiti¢$. FUTURE PLANS In tbc immediate futUT4 CSM Foundation pl￿￿ to review existiti8 programn￿s and capacity for d¢liv¢r Since movin8 base venue for the upcomin8 ye8r. Upoo review. opportUDilies will be explored to book more spa¢¢. if available, to expand the delivery of the Player L¢a8ues a¢tiviti¢8. Curr¢DtIy* this ha8 been restricl¢d to lack of avai18bl¢ sjots for hiring a pitrh for where wek bA5ed. For CSM ￿lldOn FC, 88 the senior side makes its nK)v¢ up the non-leaBue p￿arn]d, we will explore options for venues for home-matches at a suitsble minimum Grade 7 stadium in order ts comply with league regulations. This is an ambitious plan and despite being competitive iti ils nature, it should b¢ r¢eogni8¢d thal the contlDued advancement of CSM London FC. l)as consequcnlial benefits to all CSM Foundation activitie& due to ¢XPOsure. STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng document The charity is controlled by its governing d(y¢um¢nL the m¢mor8ndum of articles and &WKiation, and constitutes 8 limil¢d company> limited by guarante4 as defmed by the Compaoi¢s Act 2￿6. memorandum and articles incorporated on 23 July 2018 now adoptd by special Tcsolution dated 9 Febnwy 2022. Page 3 CSM FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 STRucfuRE GOVERNANCE AND MANAGEMEI¥T Re¢rnilm¢ut ind appointment of neT¥ tru8le¢8 The appointmeni of Tn￿¢¢¢$ remai￿% as stated in the CSM Fowidation Memorandum and Arti¢les. No new Irustees have been appointed but should they be r¢¢ruited in the following year, they will be provided with Irustee resouTces fmm The Charity Commission. REFERENCE AND ADMINISTRATIVE DETAILS Registered Comp*lly number 11479562 (England and Wales) Reglytered Cb#rlty llumlxr 1197990 Registered offlee 5 Ewellhurst Road Ilford IGS OPB Trns¢ees Dr Anees Ikramullah (Chair) Thom&s Bejamin CaTdiJ)g William Brobby Faheem Ikramull8h Adam Samir Saieh Ind¢pendent Ex*mlner Anwer Patel BA(Hon$), BFP, FCA Presions & Jacksons Partnership LLP 364- 368 Cranbrook Road Ilford Essex IG2 6HY 10 March 2025 Approved by order of the board of trustr¢s oTh...￿........................................ and signed on its behalf by: Trustee If)IroLEor: Tr, Anoos IkfoffiulLo Pa8e 4 1lwEPENDE￿ EXAMINERIS REPORT TO THE TRUSTEES OF CSM FOUNDATION Independent ¢JAmlDer'i report to the trnitees of Csm Found*tloD ('tbe Company,) I report to the charily tsuste¢s on my exami￿tIOn of the accounts of the Company for the year ¢nd¢d 30 JLme 2024. Respollslbilltles and bas1$ of report As the charitys trusiecs of the Company (and also its directors for the Purposes of company law) you ar¢ rcsponsible for th¢ pr¢paralioll of the accouols in accordance with the requirements of the Compani¢8 A¢t 21x16 ('the 2W6 Acl?. Having 8atisfied my¥¢lf thal the accounts of the Company are not re4uired to be audited under Part 16 of th¢ 2(M)6 Act and are ¢li8ible foT indcpcndcDt examinall0￿ I report in resp￿1 of my examination of your charit￿5 accounts as carried out under Seclion 145 of the Clwities Aci 2011 (Ibe 2011 Act,). ID carrying out my examination I have followed the DiT¢Ctiolls givcn by the Clwity Commission undu Section 145(5) (b) of the2011 Act. Independent txxmlner's 8tatemen¢ I have completed my examination. I confum thai no llwit¢rs have to my att¢ntion in connection with the examination giving tne cause to believe: accouniing record8 were not kept in respect of th¢ Company 08 required by Seclion 386 of the 2006 Act- or the accounts do not accord with those records; or the accounts do not comply with th¢ a¢couDtin8 rquirements of Section 396 of the 2006 Act other Ihan any r¢qutrwicnl thai the accoun18 give 8 true and fair view which is not 8 matter CODsidered as part of an indcpendent examinalioD- or Ihe ac¢ounls hav¢ nol b¢cn prepar￿ in accordance with the method5 and Principles of the Ststement of Recommended Practice for accounting and reporting by charities (applicable to charities preparin8 their accounts in aeeordance with th¢ Financial R¢ponin8 Sthndard applicable in tbe UK and Republic of Ireland (FRS 102)). I have no ci)nceTns aad hav¢ come across DO othcr matters in connection with the examination lo whi¢h attention should be drawn in this re￿rt ID order to enable a proper understandin8 of the a¢coun18 to bc reached. Anwer Patel BA(Hons), BFP, FCA Prestons & Jacksons Partnership LLP 364 - 368 Crallbrook Road llford Essex IG2 6HY Date.. Page 5 CSM FOUNDATION STATEMENT OF FINAIYCIAL AcrtvrrIES FOR THE YEAR ENDED 30 JLThE 21124 Period 118122 Y￿r Ended 3016124 Totsl funds 3016123 Total unrestrict￿ Restricted fimd fund Notes INCOME AND ENDOWMEiYfs FROM Donations and leBacie5 2942 6J53 9295 22,818 Other trAdin8 a¢tiviti¢s Investment income oth￿ locom¢ 20331 20231 28.335 16 iJoo Total 24 J73 6J53 30,726 51,169 EXPENDITURE ON ChArltAble actlvltleB Charitable Activities 28207 6J53 42,642 IYET IY4COMFJ(EXPENDITURE) (3834) (3W4) 8,527 RECONCILIATION OF FUNDS I'otal fvnds brou¥hi forward 8J27 8￿27 TOTAL FUNDS CARIUED FORWABD 4.693 4,693 8.527 The notes forni part of thase financial statemcnts Pagc 6 CSM ￿luNDATIoN BALANCE SHEET 30 JUNE 2024 30.&24 30.6.23 Notes CURRENT ASSETS tkbtors Cash 8t baak 31KI SA93 11,477 5,893 11,477 CREDITORS Amounts falling due within on¢ year (IJIKJ) '(2,950) NET CURRENT ASSETS 4,693 8,527 TOTAL ASSETS LESS CURRENT LIABILITIES 4,693 8.527 NET ASSETS 4,693 8,527 FUNDS unrestrict￿ fimds li 4,693 ,527 TOTAL FUNDS 4,693 8,527 The charitable company 18 entitled to exemption from audit uod¢r Se¢tion 477 of th¢ Companies Act 2006 for the year ended 30 June 2024. The men)bcr8 have not required the compaDy ￿ obtain an audit of its fmancial statements for the year ¢nd 30 June 2024 in a¢eordaDce with Section 476 of the Compnie8 Act 2006. The trustees acknowled8e their responsibilities for (a) ensuring that the charitable company keeps accouDtinB records that comply with Sections 386 and 387 of the Companies Act 2(M)6 and (b) preparing fmanci81 statement5 which give a true and fair view of the stat¢ of affair5 of the charitable ¢ompaDy as at th¢ end of each fmancial year and of 118 8urplu8 or deficit for each financial year in a¢cordan¢e with the requirements of Se¢tion8 394 and 395 and which otherwise ¢omply with the requirements of the Compatiies Act 2(M)6 relatitig th fmantial Btkterneats. ￿ far a& applicable to the charitable company. The notes form parl of these financial statements Page 7 continued... CSM FOUNDATION BALANCE SHEET - tontinutd 30 JUNE 2024 These financial stalements have been prepared in a¢¢oTdan¢e with the PTovisions applicable to charitable Companies subject lo the small companies regime. The financial statements were approved by th¢ Board of TnL8t¢es and authorised for issue on 10 Marth 2025 . and were signed on ils IKhalf by: Trustee . Tr Rj￿e$ Ikrnrnul￿ The note5 forrn part of these fmancial statements Pag¢ 8 CSM FOUNDATIOPI IYOTES TO THE FINAI¥CIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 ACCOIJNTING POLICIES Bas18 of prep•rlng the fl￿￿ethI itA¢ements The financial ststem¢nts of the charitable company. which is a public benefit entity under FRS 102, hav¢ been prepared in ￿COrdance with the Charlties SORP (FRS 102) 'AccouDtin8 artd Reportiog by Charities: StateTnent of Recommended Practiee applicable to charities preparing their accounts in accordallce with th¢ Fitwiciai Rep)rting Stalldard applicable in the UK and Republic of Jreland (FRS 102) (effective l January 2019),. Financial Re￿rtIll8 Sthndard 102 Tbe Fillancial Reporting Standard applicable ill the UK and Republic of Ireland, and the Companies Act 2(M)6. The fitwicial statements have been prepared under the historical cost convention. Golng Colleern The Board of Trusttts ¢onfTh¢d they havc swed suffi¢icnl incom¢ to op¢r8t¢ for th¢ D¢xI tw¢lv¢ month8. As a re8uIt of this. the accounts have been prepared on a going con¢ern basi& All incom¢ is r¢co8nis¢d in th¢ Stalcrncnl of Financial Activities onc¢ the charity has entitlement lo the fund4 it is probable that the income will be received and tbe amount can be measured reliably. EIptndlture Liabiliti¢s are re¢o8ni8¢d as exp¢nditur¢ 88 SOOD as th¢r¢ is 8 l¢gal or ¢ODStru¢tiv¢ obligation ommiltinjs the charity to thal exp¢ndilure. il is probable that 8 transfer of economic benefit8 will be required in 8¢tilem¢nt and th¢ amount of th¢ obligation ¢8n b¢ m¢a$ur¢d rcliably. EX￿nd1(ure 18 a¢count¢d for on &ll accruals basis and has been ¢lassifi¢d UDd¢r hcadinBS that agBre8ate all c08t related to the category. Where costs cannot be dirt￿ly attributed to particular headings they have been allocalcd lo aclivitics on a basis ￿nSiStenI with the use of resou￿¢$. T4xAtIo The charity 13 exempt from Corporntion tax on its ch8ritsble ACtivitie8. Fund aecountlng Unrestricted fund8 can be u8ed in accordance with the charitable obj￿tiveS at tbe discretion of the trustees. Restricted fijnds can only be used for particular restricted purposes within the objects of the charity. R¢$trictions 8TiS¢ when specified by the donor or when funds are raised for particular re8lrictcd purposes. Further explanation of th¢ nature and purpose of each fund is included in th¢ notes to the financial statements. Page 9 continu￿... CSM FOUNDATION OTES TO THE FINANCIAL STATEMENfs - eonlinued FOR THE YEAR ENDED 30 JUNE 2024 DONATtONS AND LEGACIES Period 118122 Year Ended 3016124 3016123 Donations Gran1$ 1942 6J53 3,295 19.523 9?95 22.818 Grants receive4 included in the above. ate as follows: Period 118122 to 3016123 Year Ended 3016124 Respect Sported Foundation Redbrid8e CVS KFC Foundation Field Family Charit8ble Trusi Mayor of London Greater London Authority LCY Community Fund I,LK)O s,￿0 1,700 2,100 2,000 7,723 858 6J53 19.523 OTHER TRADING AcfiviTIES Period 118122 to 3016123 Year EDded 3016124 Football Matches Fee8 Shop in¢om Sponsorships oth￿ G¢neratin8 fundB 13 J65 202 5,812 852 18.143 3.224 6,748 220 20231 28,335 Page 10 continued... CSM FY)UNDATION NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2024 INVEsfMEwf INCOME Period 118122 Yur Ended 3016124 3016123 Deposit account interest 16 TRUSTEES, REMUNEIL4TION AND BENEFITS There were no trustees. remuneration or othv b¢n¢fits for the year ￿ded 30 June 2024 nor for the period ¢nd¢d 30 Junc 2023. Trusteej, eipeni Thu¢ were no trustees, expenses paid for the year end￿ 30 June 2024 nor for the period end¢d 30 Jun¢ 2023. COMPARATIVES FOR THE ￿ATEMENT OF FINANCIAL AcrtVlTIES YE 30.6.23 Unrestrict￿1 Restrict Total fimd fund INCOME AND ENDOWMEiYfs FROM Llonations and legacie8 3,045 19,773 22,818 Oth¢r tradin8 activilies Invesllnent income 28,335 16 28,335 16 Tot•1 31,396 19,773 51,169 EXPEI¥DITURE O Charltable Activitl Charitable A¢tivilic8 22.869 19,773 42,642 NET II¥COME 8,527 8,527 TOTAL FiiNDS CARIUED FORWARD 8.527 8,527 Pagell continued... CSM FOUNDATION NOTES TO THE FINANCIAL STATEMENfs - ¢onilnued FOR THE YEAR ENDED 30 JUNE 2024 KEY MANAGEMENT PERSONNEL Key Management Personnel compris¢$ of the Board of Trusttts. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.6.24 30.6.23 PrepayD)enl8 and a¢cwed in¢ome 300 CREDITORS: AMOUNTS FALLING DUE ￿THIN ONE YEAR 30.624 30.6.23 Other crcditors Accrued expense8 1,200 1.750 ijoo 13 2,950 10. ANALYSIS OF NET ASSETS BETWEEN FUNDS 30.6.24 Total funds 30.6.23 Tota] funds Unre5trict&l RestrirteAI fimd fund Curr￿1 8SS¢t3 Current liabilities 5893 {iJ(KJ) 5,893 (1200) 11.477 (2,950) 4,693 4,693 8.527 J I. MOVEMENT IN FUNDS Net movement in funds At 3016124 At 117123 Ullre•tri¢ted fundi General fuDd 8J27 (3J34) 4093 TOTAL FUNDS 8J27 (3134) 4,693 Page 12 Conllnu￿... CSM FOUNDATION Y40TES TO THE FINANCiAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2024 I I. MOVEME￿ IN FUNDS- continued Net movemeDt in funds, included in the aknve are as follows: Incoming R¢sourcGs Mov¢m¢nt TesouTces expended in funds Unrestrlcted fund8 G￿er81 fund 24J73 (28307) (3,834) Restrlcted funds Resiricted Funds 6J53 (6J53) TOTAL FUNDS 30,726 (34W) (3,834) C•mpar•tlve¥ for movement ID funth Net movem¢nt in fun(ts At 3016123 At 118r22 Unrtstrlcted fundi General fund 8,527 8,527 TOTAL FUNDS 8.527 8.527 Comparative net movement in fimds, included in the abov¢ are 88 follows: Incoming R¢sow¢e8 Movanent resourLU expendal in funds Unrrttrleted fund• General fund 31,396 (22.869) 8,527 Restricted funds Restricted Funds 19,773 (19,773) TOTAL FUNDS 51,169 (42,642) 8,527 Page 13 continued... CSM FOUNDATION NOTES TO THE FIIYANCIAL STATEMENTS - continued THE YEAR ENDED 30 JtrNE 2024 12. RELATED PARTY DISCLOSURES Duriti8 the year. one of the tn￿tte$ provided his coaching services an)OUDting ¢0 £657 {2023: £835) to the Foundation. This is io line with scctiODS 185 and 186 of Charity Acts aDd with the Cbaritys 8overnii)B constitutlOD. Page 14 CSM FOUNDATION DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 Period 118122 to 3016123 Y¢aT Ended 3016124 INCOME AND ENDOWMENrs DonatloD8 And legA¢I Donations Grants 2.942 6J53 3,295 19,523 9395 22.818 Other tr#dlng actlvld Football Matches Fees Shop income Spon$or8hip8 Other G¢n¢ralin8 funds 13J65 202 5,812 852 18.143 3,224 6,748 220 20331 28,335 Investment Income Dcposit a¢¢ount interest 16 Other incomt Other tncome 13(Ml Tot*1 llltomlttg re•ource8 30,726 51,169 EXPENDITURE Cbarltable aedvltl Tnsurdnce Football Pitches and Mat¢h¢8 Fooiball Proj¢cls Kits and Oth¢r Equipm¢nts Football outfits Other labour costs Events Costs Trophys and Aw8rd$ Football Fines Donations lo other charities Coaching Services 136 18,167 2J94 2,051 3,041 285 2.438 19.631 4,414 2,801 4.884 262 626 1,058 1,165 871 1.085 657 835 31.12S 35.676 This page d￿8 not forni part of the statutory fin8ncial statcments Page 15 CSM FOUNDATION DETAILED STATEMENf OF FINANCIAL ACTivfTIES THE YEAR ENDED 30 JUNE 2024 Period 118122 to 3016123 Year Ended 3016124 Support C05t5 Management Us¢ of Home as office Advertisillg Sundrics Software Costs 12IM) 1,2(K) 804 869 550 646 I￿76 4.073 Governanee costs Other Bookkccper Fees Independent Examillers Fees AGM and Meetin8 Costs 105 iJoo 454 800 1,750 343 1059 2.893 Total resources expcndcd 34 42.642 N¢t {expendltureylneome (3034) 8,527 This page do￿ not forni part of the statstory fmancial statements Page 16