WATFORD FC'S COMMUNITY SPORTS & EDUCATION TRUST

Registered charity 1102239 · accounts filings on the Charity Commission register

- 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;

Objects

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.

Area of benefit: HERTFORDSHIRE AND ITS SURROUND AREAS

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Disability · Amateur Sport · Economic/community Development/employment · Recreation · website · Get email alerts

Latest income
£3.0m
Latest spending
£3.3m
Registered
2004
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £371,316 for the year, resulting in a decrease in total funds from £6,728,748 to £6,431,171. The trustees' report notes that the level of free reserves is monitored as an indicator of financial health, with unrestricted reserves standing at £2,357,858. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three- and six-months operating costs (held: £2.4m)
“It is the policy of the Trust to increase the level of free reserves generated to provide sufficient funds to cover between three- and six-months operating costs” — page 12
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Azets Audit Services Limited. Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Public fundraising profile: JustGiving — Watford FC's Community Sports & Education Trust (matched by registered charity number).

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 30/06/2025)

Total income
£3.0m
Total spending
£3.3m
Cost of raising funds
£64k
Reserves (reported)
£1.9m
Employees
128

Reported reserves equal ~6.7 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (88% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 2.1% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Harrow · Hertfordshire · Hillingdon

Income and spending

Financial year endIncomeSpending
30/06/2025£3.0m£3.3m
30/06/2024£3.8m£4.4m
30/06/2023£3.7m£3.7m
30/06/2022£4.2m£3.5m
30/06/2021£2.4m£2.5m

Common questions

Is WATFORD FC'S COMMUNITY SPORTS & EDUCATION TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £371,316 for the year, resulting in a decrease in total funds from £6,728,748 to £6,431,171. The trustees' report notes that the level of free reserves is monitored as an indicator of financial health, with unrestricted reserves standing at £2,357,858. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Azets Audit Services Limited.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund26/09/2024£20kEmpower
The National Lottery Community Fund22/10/2021£10kCedars Youth & Community Centre
The National Lottery Heritage Fund06/12/2016£55k"Improving Lives, Enhancing Communities: A History of Watford FC's community work"
Greater London Authority04/02/2015£1kGrant to Watford FC Community Sports & Education Trust
The National Lottery Community Fund22/12/2011£10kOnside

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with READING FC COMMUNITY TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WATFORD FC'S COMMUNITY SPORTS & EDUCATION TRUST£3.0m—0unclear—no doubt
READING FC COMMUNITY TRUST FY2025£2.4m——above—no doubt
THE FOOTBALL LEAGUE (COMMUNITY) LIMITED FY2025£15.7m——unclear—no doubt
MILTON KEYNES DONS FOOTBALL CLUB SPORTS & EDUCATION TRUST FY2025£3.9m—0below—no doubt
WIGAN ATHLETIC FC COMMUNITY TRUST FY2025£1.8m—0below—no doubt
BOLTON WANDERERS COMMUNITY TRUST FY2025£1.5m—0below6.1%no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.