Finance Score: 9

Governance Score: 4

Support Score: 7

Liabilities <10%: +3
Good reserves management: +3
Fundraising costs low: +3

Narrow trustee age band: -2
Dynamic board: +3
Gender balanced board: +3

Overall weighted support: +7

Overall GiG Score: 20

WATFORD FC'S COMMUNITY SPORTS & EDUCATION TRUST

- To promote community participation in healthy recreation by providing opportunities for the playing of association football and other sports;- To provide, and assist in providing, facilities for sport, recreation or other leisure time occupation in the interests of social welfare;- To advance the education of children and young people through such means as the trustees think fit;

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
Reserves management has been consistently within official guidelines
Spending has increased over the last 3 years relative to the previous period
There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

The Board has little diversity in terms of age
Over half the Board have joined recently

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
30/06/23		£3,738	£3,698	£40	£47	£7,321	£2,344	7.6	127	54
30/06/22		£4,175	£3,475	£700	£39	£7,282	£2,026	7	109	50
30/06/21		£2,432	£2,470	£-38	£25	£6,581	£1,714	8.3	98	60
30/06/20		£2,677	£2,655	£22	£43	£6,620	£1,580	7.1	122	60
30/06/19		£3,529	£3,013	£516	£50	£6,597	£1,500	6	126	52
30/06/18		£2,685	£2,689	£-4	£44	£6,081	£1,820	8.1	111	0
30/06/17		£3,035	£2,088	£946	£34	£6,085	£1,788	10.3	87	0
30/06/16		£2,385	£1,718	£667	£78	£5,139	£-332	-2.3	49	0
30/06/15		£1,630	£1,593	£37	£73	£4,472	£-111	-0.8	36	0
30/06/14		£1,543	£1,569	£-26	£69	£4,435	£104	0.8	33	0
30/06/13		£1,465	£1,504	£-39	£94	£4,461	£300	2.4	33	0
30/06/12		£3,837	£1,201	£2,636	£85	£4,500	£739	7.4	34	0
30/06/11		£2,300	£1,268	£1,032	£67	£1,864	£1,010	9.6	30	0
30/06/10		£1,413	£1,455	£-42	£76	£832	£72	0.6	27	0
30/06/09		£1,243	£1,228	£15	£108	£874	£340	3.3	27	0
30/06/08		£1,093	£1,080	£13	£173	£859	£538	6	23	0
30/06/07		£843	£806	£37	£234	£846	£770	11.5	15	0
30/06/06		£532	£466	£66	n/a	n/a	n/a	n/a	n/a	n/a
30/06/05	*	£2,066	£1,277	£789	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 1.3%
Fundraising Costs/Total Spending: 1.3%
Senior Staff Costs/Total Spending: 2%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 6%
Liabilities/Income: 13%
Unrestricted Funds/Total Funds: 32%
Reserves/Spending: 7.6 months
Net Current Assets/Spending: 9 months
Quick Ratio: 6.6

Asset Split ?

Balance Sheet History

Established: 21 years

www.watfordfccsetrust.com

community@watfordfc.com

01923 496000

Charity Commission for England and Wales

Tweets

Listed activities

Amateur Sport
Disability
Economic/Community Development/Employment
Education/Training
Recreation

GiG Classification

Community sports activities

How it operates

Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides human resources
Provides services

Where it operates

Harrow, Hertfordshire, Hillingdon,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
People Of A Particular Ethnic Or Racial Origin
People With Disabilities
The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

Comic Relief	£330,908
John Lyon's Charity	£124,000
London Marathon Charitable Trust	£19,250
Garfield Weston Foundation	£10,000

Specific Donations

Amount	When Months	To be used for
London Marathon Charitable Trust - Cedars Renovation
£19,250	14/06/2023	towards the renovation of Cedars Youth and Community Centre, Harrow.
John Lyon's Charity - Uplift grant to Watford FC's Community Sports and Education Trust
£4,000	17/12/2022	Cost-of-Living Uplift
Hertfordshire Community Foundation - Secondary School Intervention Programme
£5,000	19/10/2022 11	Grant to Watford Football Club Community Sport & Education Trust
Garfield Weston Foundation - Main Grants award
£10,000	18/02/2022	Cedars Youth & Community Centre
National Lottery Community Fund - Cedars Youth & Community Centre
£10,000	22/10/2021	The funding is being used to improve the lighting in the community facility for the benefit of all those who use it.
John Lyon's Charity - Main grant to Watford FC's Community Sports and Education Trust
£120,000	18/06/2020 36	Watford FC’s Community Sports & Education Trust Harrow Youth Offer
Comic Relief - Empower
£330,908	21/01/2020 36	The Trust will provide sport and therapy sessions for children aged 9-12 years old in the most disadvantaged areas of West Hertfordshire. Empower supports children with mild to moderate mental health issues by combining sport with the fundamentals ....more The Trust will provide sport and therapy sessions for children aged 9-12 years old in the most disadvantaged areas of West Hertfordshire. Empower supports children with mild to moderate mental health issues by combining sport with the fundamentals of play therapy, and group CBT to develop resilience, self esteem and effective coping strategies.The intervention lasts for a year meeting weekly for 12 weeks, bi-weekly for 24 weeks and monthly for 12 weeks. Each session last 90 minutes with a 30 minute Mental health session and 60 minutes of sport.
London Marathon Charitable Trust - Cedars Youth & Community Centre, Harrow
£150,000	20/04/2018	Towards an extension at Cedars Youth & Community Centre to provide new community facilities to support a varied programme of community activities focused around sport, physical activity, education and inclusivity, and providing a new dedicated ....more Towards an extension at Cedars Youth & Community Centre to provide new community facilities to support a varied programme of community activities focused around sport, physical activity, education and inclusivity, and providing a new dedicated home for Harrow Mencap who are working to get people with a disability more physically active.
National Lottery Community Fund - Community Centre Playground Refurbishment
£9,902	11/10/2017 12	The project will install an outdoor play area aimed at the children within the local area, to increase their physical development and offer a fun safe space to play within the community.
National Lottery Heritage Fund - Grant to Watford FC Community Sports & Education Trust
£55,000	06/12/2016	Improving Lives, Enhancing Communities: A History of Watford FC's community work
Sport England - Meriden Community Centre Improvements
£500,000	27/11/2016 4	Funding under Sport England's Improvement Fund funding programme for a Capital project titled 'Meriden Community Centre Improvements'. This project is a Multi Sports project, with a focus on younger beneficiaries.
Sport England - Meriden Community Centre Improvements
£500,000	27/11/2016 14	Funding under Sport England's Improvement Fund funding programme for a Capital project titled Meriden Community Centre Improvements. This project is a Multi Sports project, with a focus on younger beneficiaries.
National Lottery Community Fund - Onside
£10,000	22/12/2011 12	This is a project by an incorporated charity in Hertfordshire. They will use the funding to pay for a community development project aimed at providing positive opportunities for young people. The project will lead to volunteering qualifications and ....more This is a project by an incorporated charity in Hertfordshire. They will use the funding to pay for a community development project aimed at providing positive opportunities for young people. The project will lead to volunteering qualifications and placements within aspects of the projects activities, sports and dance provision and accredited learning sessions._x000B__x000B_ Sports equipment, learning resources, venue hire, sessional workers, publicity and volunteer expenses. _x000B_

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

Based on 5/6 persons

Age Range of Trustees: 42-57

IAIN KEITH TAKER Appointed: 2023, Occupation: Lawyer

KURSHED DAWAN Appointed: 2023, Occupation: Partnership Manager

MARTINE JULIE GABBITASS Appointed: 2019, Occupation: Accountant

PAUL MATTHEW O'BRIEN Appointed: 2023, Occupation: Commercial Director

ROSEMARY ANN INSKIPP Appointed: 2023, Occupation: Parenting Practitioner (Part Time)

SIMON JAMES MACQUEEN Appointed: 2017, Occupation: Strategic Services

Legal constitution

Charitable company registered in England & Wales on 20/02/2004, number: 1102239
Registered at Companies House on 18/09/2003, number: 04903645

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

19 returns made; AR05: 2 days late,

Main office

WFC Community Sports & Education Trust
Vicarage Road
Vicarage Road Stadium
Watford
Herts
WD18 0ER

Objectives

THE CHARITY'S OBJECTS (THE OBJECTS) ARE FOR THE BENEFIT OF THE PUBLIC GENERALLY AND IN PARTICULAR (BUT WITHOUT LIMITATION) CHILDREN AND YOUNG PEOPLE IN HERTFORDSHIRE AND SURROUNDING AREAS:-3.1 TO PROMOTE COMMUNITY PARTICIPATION IN HEALTHY RECREATION BY PROVIDING FACILITIES FOR THE PLAYING OF ASSOCIATION FOOTBALL AND OTHER SPORTS CAPABLE OF IMPROVING HEALTH (FACILITIES IN THIS ARTICLE 3 MEANS LAND, BUILDINGS, EQUIPMENT AND ORGANISING SPORTING ACTIVITIES);3.2 TO PROVIDE AND ASSIST IN PROVIDING FACILITIES FOR SPORT, RECREATION OR OTHER LEISURE TIME OCCUPATION OF SUCH PERSONS WHO HAVE NEED FOR SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES OR FOR THE PUBLIC AT LARGE IN THE INTERESTS OF SOCIAL WELFARE AND WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE;3.3 TO ADVANCE THE EDUCATION OF THE PUBLIC THROUGH SUCH MEANS AS THE TRUSTEES THINK FIT IN ACCORDANCE WITH THE LAW OF CHARITY; AND3 4 FOR THE GENERAL PURPOSES OF SUCH CHARITABLE BODIES OR FOR SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSES IN EACH CASE AS THE TRUSTEES MAY FROM TIME TO TIME DECIDE.

Defined Area of Benefit:

HERTFORDSHIRE AND ITS SURROUND AREAS

Data Sources

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