ReOsttrred Charity No: THE NEW CROFf FOUNDATION (A Charitable Incorporated Organisation) Annual Report and Flnanclal Statements for the period 1 August 2024 to 31 July 2025 THEy￿￿]CR0FT FOUNDATION INSPIRING OPPORTUNITIES Reglstar¥d Charoty No: 1204643 THE NEW CROFT FOUNDATION IA Charitable Incorporated Organisationl INDEX TO THE ANNUAL REPORT AND FINANCIAL STATEMEPITS FOR THE YEAR ENDED 31 JULY2025 Page Charity Reference and AdmInI￿rative Details Trustees. Annu81 Report Ilncorporatlng Director's Report) Independent Ex8mlners' Report Statement ol Flnanc181 Activitles lincorporatlng Income & Ex￿ndItUre Account) Balance Sheet 10 Notes to the Accounts 11-18 Roglst•r•d Charlty No: 1204643 THE NEWCROFfFOUNDATION {A Charitable Incorporated Organisationl TRUSTEESS ANNUAL REPORT Ilncorporating Director's Report) FOR THE YEAR ENDED 31 JULY 2025 Charlty Nam8'. The Newcroft Foundation Charlty Reglstratlon Number: 1204643 Prlnclpal offl¢ts address: The New Croft Ch81kstone W8y Haverhill Suftolk C89 OBW Trustoes.. Tom Hariison Jonathan B811 Peifjr Betts Kayleigh Steed Gr8ham Jones Holly Mayhew C8thrine Merch-chammon Nicholas Keeble Lois Ballour Karen J8rvi$ Reslgned 0910412026 Appointed 0111112024 Re31gned 1511012024 Independent Ex8mlners: Steph8nie l Beeston.CLarke FCCA 8eeston-Clarke Account8nts Ltd ch8ne￿dce￿"fieOAcCo￿ntants 92 Gladstone Street Winsford Cheshire Banker$: Lloyds Bank Victoria London AeKlstered Charlty No: 1204643 THE NEWCROFT FOUNDATION TRUSTEE'S ANNUAL REPORT FOR THE YEAR ENDED 31 JULY 2025 The irustees preseni iheir report and financial staiements of the charity for the year ended 31 july 2025. The trustees have adopted the provisions of the Statemenl of Recommended Practice ISORPI 'Accounting and Reporting by Charities" IFRS1021 in pieparingthe annual financi81 stalements of the charily. The financial st8tements have been prepared in accoidanc8 with Ihe accounting policies set out in the notes to the accounis and comply wlth the charitygoverningdocument. the Ch8rilies Act 20118nd Accounting and Reporting by Charities: Statement of Recommended Praciice applicable to ch8rities preparing iheir accounts in 8ccordance Wilh the Financial ReportingStand8rd applic8ble in the UK and Republic of Ire18n¢J published in October 2019 (second edition). STRUCTURE, GOVERNANCEAND MANAGEMENT The charlty Is 8 Charitable Incorporated Org8ni$ation and was registere¢J 88 a charlty under the Charitles Act 2011 on 8 Saptembgr 2023. None ol th8 Trustees have any b8neflc581 Intergst in the charity- All of the Trustees 8re volunteers. Truslees are a8s18ted to fulfil theli dutie5 by the chlef executives and by other advisors, who offer inform8tlon and 8sslsiance Sn undertakln8 811 their govein8nce tasks. It18 the responslbility of ttte Trusteès to meet to make b81anced. proportbonatè and cle8r declsions about the future ol the charlty, 8nd make ail dlsclosures about the orBanis8tion. Through consideratlon of reports on flnanci81 monagement, Income, expenditure. Ilquldlty, Investments and of fore¢osts lor the next twelv8 months. Twstees have 8nalysed any risks to the ch8rity. and have Identlfied no malerlal uncertalntles th8t C8$t doubt about the 8blllty ol the ch8rltyto continue as 8 golng concern. Racrultment ond Appolntment of Trustees The first trustees appointed must retiie 8t th8 en¢J ol thèir term12 or 3 years but 8re then ellglble for reappolnlment. Haverhill Community Sports As80Ci81ion18ppolnting body) may appoint up to two ¢harlty trustees. Each appointment 018 charity trustee must be for a ieim of three years. There must be at least three trustees wlih no maxlmum number 3pgclfSed. Rl$k Management The Trustees ol The New Croft Found8tion recognise their responsibility for maintaining on effective system of risk management and regularly reviewing its effectiveness. As a sporting found81ion. the charity acknowledges exposufe to a variety of operational. financial. health and safety. and reputation81 risks. Effective risk man8gement enables the charity to achieve lis objectives. safeguard its beneficiaries, siaff, and volunteers. and onsure long-term sustainability. The charity maintains a comprehensive risk register. reviewed 8t le8St annually. or MO￿ frequentlywhen circumsl8nces require. Each risk includes assigned mitigation strategies. responsible persons. and indicators for review. The Trustees also consider the charity's risk appotite, balancing the pursuit of opportunitywith the need lo manage threats. Risk managemeni Is embedded in strategic and operational decision-making processes ot all levels. Re8fjst8rad Charlty No: 1204643 THE NEWCROFTFOUNDATION TRUSTEE'SANNUAL REPORT FOR THE YEAR ENDED 31 JULY 2025 OBJECTIVES AND ACTIVITIES The objects of The New Croft Foundation are spgcifically restricted to the following ch8ritsble purposes for the publlc benefit and in particulai th& inhabitants of H8verhiLi and its surroundingareas: to promote communlty participation in he811hy recreation by providingor assisting In the provision ol laciliiies for the playing of association football 8nd other sports C8pable of improving health If8cilities in this clause 3 means Land. buildings, equipment 8nd orgarbising sporting actlvitiesl,. to promote and PTOtect good physical and mentsl health by providingor 8S8lstlng in the provl8ion of sports and other activities designed io alleviate health issues or promote 8 hèalthier Ille8ty18', 3. to advance the education ol childf&n and young people including by providing or assisting in the provlslon of educational courses and qualifications in sport and related subj8cts. ACHIEVEMENTS AND PERFORMANCE The Trustees ol The New Croft Found811on are ple8sed to present this report outlining our actlvliles. achSevement8, and perlormance for the year. Our charity exists to SUPPOrt people in our10¢o1 community of all ages. genders and obilities belng able to porticlp818 In or88ni58d 8ctlvlty for the benefit of the publlc. and we remaln committed to delivering 88rvice3 that improve the lives of our beneflciaries. Actlvltles undertaken Durlng the reporting period. the ch8rity d¢liv8red the following ktry 8Ctivltle8: Promoted and delivered • range of footb811ing 8Cttviti88 for people of 011 ages. genders ond obllilles Promoted and d&liv¢red disoblllty and mental he8lth prI￿lS1on$ for people of 8Li 8gès. gender8 and abilities Promoted 8nd dellver8d an educ8tion81 programme for 8tudants 8t post 16 A¢hl¢v¢ments and Impact We 8re proud ol the measurable difference our work has made this ye8r. Hlghliqht$ include.. Reachlng over 700 direct benefSci8rie8 across our progr8mmes in our second year in¢ludln8 our team provisions. Deliverin8 over 10 communlty-based programmes In footballing acttvltles, mental health and education includlnB oulreaeh work in local SEND schools. Providing opportunlties for young people to Bain work experience and match offlclating opportunltSe8 across the financial ye8rto boost employment perspective8. Perform8n¢e Agalnst Objectlves As it's our second yearwe set oul to achieve the following gools based on our year one performance we willthen revlewthe changes in demand and apart forthe following year.. Expand our community provisions in footballing opponunities for both males and females and provide an exit route into team actNities Achlovod. 2. Expand our community piovisions within local sc17001s for people Wih disabilities-A¢hleved 3. Engage with the Ioc81 communityto develop a volunteer and paid worklorce focusing on young people out of education and employment to supportlassist with some ol our community aclivities and ofliciating whilst providingexit routes for potential employment opporiunities- Achlevod. 4. Look to secure lundingfrom partners to support deliveringfjrst class disability 8n¢J education programmes- Achieved ReOsterad Charhy No: 1204643 THE NEW CROFf FOUNDATION TRUSTEE'S ANNUAL REPORT FOR THE YEAR ENDED 31 JULY2025 Future Plan$ Looking ahead, we plan to.. Grow our community provision tor boys and girls in schools. Grow and develop both daytime and 8veningopportunities wlthin the mental health section for male and female adulls Develop our own team of staff c8pable of meetingth8 demands of the local community 8n¢J with a skill set to re811y drive stand8rds and opportunii188 for people Develop 8 new strategy for post 16 education opportunities In Haverhill & the local afea. Concluslon The Trustees are proud ol the achievemenis made this ye8r and rem8in dedicated to fullllllng the charity's purposes. We thank our staff. volunteèrs. partners. lunders, and supportgrs for their Invaluable contributlons during our second year ol service. Flnancl8l Revlow The New Croft Foundation gre const8ntly monitoring opportunities to access grants to keep growlng Its provision. tho trustees are looklng ai developing a newfundraising strategyto suppon longterrn susialnability, we are extrèmely fortunate the f8cility we use for o lol of oui 8Clivities has provlded us wlth a plafform to sustain and grow our init18t￿88 within the local community. howevei grants and IiJndr8ising are a key prloiSty forthe next financ181￿ar. Tot81 Incom¢ received durlng the perlod to 31 July 2025 w8s £299.92912024: £400,044). Total expendSture on charStable octSvStlesw88 £345,40412024: £346,196). Tot81 lunds at 31 july 2025 wgre £8.373. Th1818 mado up of 8 deflclt In unrestrlcted funds of El 1,895,. and re$trlcted funds of £20.268, whlch are to spend on restrlctlon8 glven by funders. The unrestricted lunds deflcit 8t ye8r end reftectsth¢ increosed dellvery c￿3 of our sessions 8nd rl8lng payroll costs In the y88r. Trustees are monitoring reserves closely and measures have been put in place such 88 reductlon In staff and the implem8ntalion of diver8ifyin8unrestricted reserves through o varlety ol fundr8isers. R88ems Pollcy 11 is ihe policy ofThg New Croft Foundatlon io maintsin unrestrlcted funds which are free reserve8. 8t 8 levol which equaies to 8pproxim8iely three months expenditure to protect agalnst Internjption or docline ol future sources of income1£50-£60kl Three months is deemed 8$ being suitable to enable charitable activities to continue in respect of staff lulfilments lo continue current provision8. Truslees are to reviewthe level of reserves of The New Foundation Conte￿ wilh the current economic clim8ie io ensure sufficient reserves are maintained lo fulfll the Found8tlon8 8Ctivities on gn ongolng basis. At the balance sheei date. The New Croft Foundatlons Free reserves were neg81ive £11.895 which Is below targei level. This shortfall has arisen due to a combination of factors including reduced income and increased operating costs. Trustees recognise that this is not 8 Sustainable position and have implemented a recovery plan to restore the charity's financial posilion wilh the aim ol incfeasingfree reserves to a posilive level including- Reduclion in staff levels Iwilhoul impacting on our seryice quality) Diversifying our revenue streams INew piogrammes IAlternative ftFndiaisersl Seeking new grani providers Reglsterad Ch8rtty No: 1204643 THE NEW CROFfFOUNDATION TRUSTEE'S ANNUAL REPORT FOR THEYEAR ENDED 31 JULY2025 TRUSTEES. RESPONSIBILITIES STATEMENT The Trustees are responsible for preparingthe Trustees, Report 8nd financial statements in accordance with applicable law an¢J Uniied Kingdom Ac¢ountingStandards (United Kingdom GenerallyAccepied Accounting Practice). The law applicable to charities in England & Wales requires Ihe trusiees io prepare financial statements lor each financial year which give a true and fairview of the stale of aflairs of the ch8rity and of the incoming resources and application of resources of the charityfor that peiiod. In preparing those financial statements, the truste8s 8re requlred to.. select suitable accounting policies and then apply ihem consistently- observe the methods 8nd principles in the Ch8rities SORP 2019 IFRS 1021: make judgements and estimates that 8re reasonable and prudent: stale whether applicable UK Accountlng Standards have been followed. subject to any material d&p8rture5 disclosed and explained in the financial statements. prepare the financial $18tements on the goingconcern basis unless It 18 In8pproprlate to presume that the company will continue in oper81ion. The trustees Ore responslble for keepingprop8r accounting records thal dlsclosè wilh reasonable accuracy al any time ihe financial position ol ihe chaiity and enable ihem to ensure thai the financi81 stalemenis comply wilh the Charities Act 2011, the Charities IAccounts and Reports) Regulations 2008 8nd the provisions of the governing document. They 8re 8180 responsible for s8feguardingthe 88sets of the ch8rlty 8nd hence lor taking Teasonable ￿epS lor the prevention and dètection of IT8ud and other Irregu18rili8s. /i_ Approved by the Trusiees on and signed on Its behall by.. Tom Harrison Chair of Trustees stered Charity No: 1204643 THE NEW CROFf FOUNDATION INDEPENDENT EXAMINER'S REPORT FOR THEYEAR ENDED31 JULY2025 I report to the trustees on my examination of the accounts of the Ch8rit8ble Incorporated Org8nisaiion for the y88r ended 31 July 2025 which are set out on pages 9 to 18. Responslbllltles ond b8s1s of r¢port As the charitytrustees you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 1.the Aci'i. I report in respect of my examination ofthe charitys accounts as required under section 145 of the 2011 Act and in carrying out my examinatiorb I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent Examiner's Statement I have completed my examination. I confirm that no material m8tter$ have come to my attention in connection with the examination giving me cause to believe Ihat in any material respeci- 8ccounting recordswere not kept in respect of the Trust as required by section 130 of the Act.. or that accounts do not accord wrth those records. or thal accounts do not comply with the applicable requirements concerningthe form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than the requirement thai the 8ccounts give a'tsue and fair view. which is not a matter considered as part ol an independent examination. I have no concerns and have come across no otheT matters in connection with the examination to which attention should E)e drawn in this report in order to enable 8 proper understanding of the 8ccourits to be reached. Stephanie J Beeston-CL8rke FCCA Beeston-ctarke Accountants Ltd Chartered CertifiedAccountants 92 Gladstone Street Winsford Cheshire CW7 4AZ Dated.. 28 May 2026 Registered Charlty No: 1204643 THE NEWCROFfFOUNDATION STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED31 JULY2025 Tthlknl# FundB Toill Incom• 2025 2023 2024 2024 2024 8.350 3Sg,666.00 I2￿0 39.953.00 425.00 Don8bons and1ogacl•* ChartL8blt acu11￿•5 OLhertrading 8.344 261.399 30,186 351.316 27.453 42S 209.399 29.686 Tc4allKomthw R•itAXC 241A29 9.•29 J79.194 20150 4QO.044 E¥p•ndityr• ¢h4ntabl• Ocu￿0•8 Ral8ino Fund8 47m3 343J91 2.012 334.197 11.999 346.196 2.012 TotslEKF•rth 298221 47M3 345M04 334,1 11.919 340,190 N•t I￿￿•{1•Xp•rdlW*l 11A17 4A47J 4(•97 03M4• Tr¥Mf•r• tranihr¥ b•t￿n bJnd• N•t mo*m•ntkn fw 136,8921 11A17 145.4761 4.997 eBSI 53.848 R•c¢)nGU￿II0n of lunts: Total ￿nIS bioughlbrva 44,9B7 8M1 53A48 Toial lunds c8rrt•d 11,09S1 20261 73 44.997 8IS1 53M48 The st8tement of financial activities Includes all gains and losses Tecognised In the year. All income 8n¢J expendilure derives from continuing aciivities. R8gisier8d Charity No.. 1204643 THE NEW CROFfFOUNDATION BALANCE SHEET AT31 JULY2025 2023 2024 Rxed As$ets Tangible A8sets 2111 2.515 Curr8ntA•Mts Dtsbtrjrs 5,962 5,668 Cash al bank and In hand 56,547 62,509 93.173 9EI,841 Crodl¢or•- amounts fa11k￿ dL• wllhln one 5••f 10 56,647 47.$08 51162 51,333 NEfA88Ef8 14 8A73 S3￿48 R••trlcted Fu 15 20268 8,851 lknro$trkt•d Fun General fvnd 16 111.8951 44,997 8,373 53N8 The accounts were approved bylhe Trustees. on and were signed on their behalf by: >12 10 ReOstered Charity No: 1204643 THE NEW CROFT FOUNDATION NOTESTO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY2025 ACCOUNTING POLICIES Basls of Praparation The charity constitutes a public benefit entity85 defined by FRS102. The financial st8ternents have been prepared under the historical cosi convention and in accordance with Aceounling and Reporting by Charities- Statement of Recommended Practice applicable io charities preparingiheir accounts in accordance with the Fin8ncial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 Ichariiies SORP FRS1021. the Charities Act 2011 and UK Generally Accepted Accounting Praciice. The financial statements are prepared on a golng concern basis under the historical cosi convention (see note l 51, and are presented in sierling. Assets and liabilities are initially recognised 81 historic81 cost ortransaction value unless otherwise staled in ihe relevant 8ccountin8 policy notelsl. Flxed Ass•ts Fixed assets 8re $t8ted at cost less depreciation. Oeprec18tlon is ¢ol¢ulaled io write down the cost or Valuaiion of tangible fixed 8ssets to Ihelr estimaled residual values over thelr estimated useful Ilves at the following annual rates.. Equipment 25% reduclng b818n¢e Incomo recognltlon All Income is recognised once the charity has leg81 entitlement to the Income, when there 58 sufficient certairbty ol receipi and the amount of income receiv8bl8 con be me8sured reliably. Donaiions are r8¢0gnised upon receipt and Classified at that point as either unrestricted or restricted if thg donation Is lor a specific purpos8. No amounts 8re included In the financial statements for servlces donated byvolunteers. Expendlture recognltlon Llabllliies are recognised as expenditure as soon as there18 8 leg81 or constructlve obligation committing the charity to that expenditure, il is prob8blè that settlement will be requlred and the amount of ihe obligation c8n be measured reliably. Expenditure is accounted lor on 8n 8ceruals basis and has be8n listed unde¥ headings that aggregate 811 the costs relate(I 10 thai activity. including support and govein8nce costs. For more Information on ihis allocation refer to the note'alloc81ion of governance 8nO support costs" below. Where costs cannot be directly attributed, Ihey have been allocated to activities on a b8818 consistent with the use of resources. Charitable activityexpendiiure are those costs Incuired in attractingvoluntary incorne. and Include expenditure directly associated with indivldual projects and support costs relatingio those activities. R*gisterad Charity No: 1204643 THE NEWCROFfFOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY2025 ACCOUNTING POLICIES Icontinuedl Allo¢atlon of governance and Support cmts Governance costs are those incurred in connection wth the managemeni of the charity and its assets. organisational administration and compliance with constitution81 and statutory requirements. Support costs include centr81 functions and have been allocated to aciivity cost C8tegories on a basis consisteni with their use of resources. The allocation ol governance and support costs is analysed In note 6. Restrl¢ted Fund$ Resiricted funds are accounted for In accordance ￿th the particular terms of trust 8rising from the express or implied wishes of donors in so f8r as these are intended to tse binding on the Trustees. Genero1 Fund Free reserves that 8re those 8vaiL8ble for the general purposes of the charity. 8fter dgductlon of restricted funds. deslgn8ted funds, and the Capital Fund. 2. DonaU¢)n• & L•ycl•s 2024 Unr•*Actsd R•rtrtct• R•th*d Tol•l Tolal Crn81Sc(ps Gr8nt Glft 351.316 I,4l￿ 352,718 6,950 6, Totsl 1344 . 344 351.316 350 359,866 Incom• from Chorflabl• Ad¥ltJ•• Fty)thall In Ctylwrthty ÉOx81i(n4 Prwamft*¥ Football Ac8dey Tws Y¢x4th F¢xlbdl Pr¢wm88 Other 41, 41,W 27,453 27.453 12.5D) 12.600 51.810 115, Sf.810 115.eA Total 261.399 12.5fy) 39,9S3 4. Incorne OtMr trpdlng a¢llTrib•& FuKlrdislrrfJ SFKnser5Np 2024 325 1LK) Olher Totsl 2Q761 27,261 12 RgOst¥red Charlty No: 1204643 THE NEW CROFT FOUNDATION NOTES TO THE Accourirs FOR THE YEAR ENDED 31 JULY2025 5.CP*r**bl•lth 25 2•24 T4M•I 140.512 15,812 )4J70 Tctsl Sahdes &Wa9e5 &Spor4rrthlp rnunStyFoDball htsrnaoonal TrA 1Q3M&S t5A95 10.122 9.138 19.260 280.520 16.200 4.559 810 14ffi2 Youth FoDb•llhll•lcrffj&L•tyueEr*fb•ts 4M72 Youth Fty)*41 613)) $12 50JDt Youth POD￿￿1 Rékn Fundralsln9 21712 Kknbernhli Ffes 4275 4.4SS Toi•l 273M7 3112 310,th1) 242$ 2024 TIX Tolil Stsff Tril￿nI Stsff Unllonn E9ul￿4nl￿t￿1¥ ¥44 744 3M33 IA87 4.520 9975 12N4 1.536 InsLHfKe Prtnln9, p￿￿9￿8$* CtyMullF• lJ12 IM12 7*7 2.5e7 330 TrnvAI b$w*n 821 021 625 625 Pi 36 nk Fe• 4BS 752 752 142 142 21 J24 24>19 1J255 I,S23 2•2$ 2024 Trf Tolal dep2ndeniExwnknerJ F•e oun LeylFees T(éal 2.640 2,640 2.840 1.600 6.439 U.439 lo￿19 13 Registered Ch8rfty No: 121)4643 THE NEWCROFf FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2025 2025 2024 6. Nat Ineomo 1 l EX￿ndItur0> Nel Income I lexpendilure} ￿ the year Is stated 8fter chtrgiThJ: Independent Examin*s Fees Depreciation 752 142 7. Analy￿801 Stsff Co* 2025 2024 Wages & Salarfes Social Securily Cosls Penslon Costs 134,787 3,4&8 2.289 18,915 78 Total 140.512 19.259 The gverage head count of employees duiln8thè yoorw88 912024: 8ve18ge head ¢ovnl 11 No Statl were poid more thgn £60.000 durlngihe year 2025 8. Tanglble Flxed Awets ul Total Cost or Valuatlon . As al 1 Aug 2024 Additions t*sposals As al 31 ￿lY 2025 2.698 749 2,698 3,447 3,447 DeprgGlaOon: As 811 Aug 2024 Charge for Year Disposals As 811 July 2025 753 753 937 937 Net book value: As at 31 July 2024 2,515 2,515 At 31 July 2025 2.511 2.511 All material assets are held for t￿ Ctiarity's ovm use. 14 Roosteied Charity No: 1204643 THE NEwCRo￿ FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2025 9. Debtors 2025 2024 Trade debtors Prepayments and acc￿￿1 inc￿ne Social Security 5,613 5.553 112 5,669 10. Credltors: Amountsfallln9 due wlthln year 2025 2024 Trade Creditors Accrued Expenses Deferred incomè Taxation and soGial security Other Creditor8 4,819.LTh) 9,705. 38,501.94 3.621.Xl 2.3)1.C 4,440.Crf) 40,634.rJ) 133.00 56,647 47,508 11. Capltal Commltments & Post Balance Sheet Eventi There were no caplt81 commltments at 31 July 2025 or 81 31 July 2024 15 Ra8lstar8d Charlty No: 1204643 THE NEW CROFT FOUNDATION NOTES TO THE ACCOUNTS FOR THEYEAR ENDED 31 JULY2025 12. Related Party Transactlons Ourlngthe year to 31 July 2025 paymentstotalling £101.538 wefe made io Haverhill Community Sports Association IHCSAI and receipls totalling£1.150 were receive¢J in relation to Youth Football Fines, Football In the community session arbd Sponsorshlp which was paid into thg incorrect 8ccount ol which Trustee Tom Harrison is a Director. Trustee Peier Betts is CEO and Trustee Holly Mayhew18 Finance Nanager. P8yrnentS and Receipts during the year were as follows: 2024 Paym•nl•M•d• by R•¢•lptsty Chtrlty Tot•1 Payrn•nMMad• R•￿IP￿￿Y by Ch•rfty Ch•rbty Toial cethm￿1Y Fool Ytyjih F¢oib•ll Trn% rMiioMI Trm Pdnuw. Pe•i4p & 34.870 6&475 34870 8&47S 15.245 1.148 82S 2eo.4r F••$ Tr4% SLqII FI•¢F49￿$ 7SI 751 ¢•$h tr* Y￿rth thy k•t F¢oit¥i In TM Commwlty bK 10). 1rK) YfMh Fln•¥ R•pokl 101,110 I￿.323 JQ4,31J 301313 Peter Betts, 8 tiustee. received É1.248 in reimbursed expenses fortouriravel costs and annual website renewal. A grant of £500 was received from Haverhill Youth Aciivities Trust of which Tom Harrison is 8 Trustee. Th8 grant is restricted for use of HaverhillAcademy Half Term Activities and NCF participants hollday camp. TRUSTEES: No other Trustee or feiated paty received arry remuneration in respect of the year 31 July 2025 and 31 July 2024. 16 Regl8tsrad char￿Y No: 1204643 THE NEW CROFT FOUNDATION NOTESTOTHE ACCOUNTS FOR THEYEAR ENDED 31 JULY2025 13. GolngCon¢ern The Trustees have assessed the riskto the Charity in relation to going concern. The New Croft Foundation has budgeted to incur losses during the financialye8rto 31 July 2026 due to Ihe losses of educational income1£50k approximately). as a result the Foundation is lookingto incre8se other revenue stre8ms across Its operations including income from programmes. enh8ncing new community-based aciivities and exrending our current partngrships commercially. The Foundation will be working towards delivering 8 new educalional programme from September 2026 which will result on Ihe financial Posiiion being far more stable. Thls will be closely monltored bythe tru$te8s. ond theywlll make further ieductlon8 8188wher8 wlthln the Foundation if and when requlred Includin8 staffing restructures, pausing non-essentl81 football in Ihe community sessSons. strengthening of lundraising actlvities 8nd applying for multl-ye8r grant funding, the Trustees are confident that wlth a pro8Ctive approach to the 8bove therg will be no further challenges. Therefore. 8t the tSme of 8pproving th6 financial statements. the Trustees have 8 ieasonable expecl8tlon that the going concern b8818 remains 8ppropri8te. 1& Analyd• of N•t A•w¢• B•tw••n Fund• N•t Current A*tsi Llabllltl•$ 20.288 Flx•d Awl• Tolal 20.268 Ro*rlct•d fund• Unrg*l¢t•d fund• CaF4181 Gwal fiJTrJs At 31 July 202S 15 18 {11,8951 111, 8951 8,373 8,373 IS. R•*rf¢l•d F¥nd•Mowmrt*mlyd• •lan¢8 at 31107IZ025 B•l•n ndl n4•n Abwcfol L48Um- tls*ilrfy FrdbFII WOBI SLfflolk CA￿11. tA$8ts1ity Sws Ha¥qthill Communlty UThly S¢hyJ Gra￿1¢ Pcini Ltd Ha¥4th111 Youth A¢iiiilitS TnAI UK ShaTed ProsF•iiy FurKI SuTrJk FA- SqL&s Suwk FA- Waking Fo￿bal SLffdk FA- wifth81$ Ha￿￿141 El￿1￿c￿l$-$E￿ [Ms8t￿ty $8$8K SQEAPORS Tho kleats FoLvthtth. FPFC 4.351 579 120 2,539 579 234 126 156 126 iè) 1,178 322 47,[03 2426B 17 Raglster¢