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;
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.
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.
What the accounts disclose
“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
Policies the charity declares
- 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
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Emily Jane Adams
- Farzana Chaudry
- Fiona Tearle
- Iain Keith Taker
- Kurshed Dawan
- Marie Hart
- Martine Julie Gabbitass
- Rosemary Ann Inskipp
- SIMON JAMES MACQUEEN
- Terry Lees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 26/09/2024 | £20k | Empower |
| The National Lottery Community Fund | 22/10/2021 | £10k | Cedars Youth & Community Centre |
| The National Lottery Heritage Fund | 06/12/2016 | £55k | "Improving Lives, Enhancing Communities: A History of Watford FC's community work" |
| Greater London Authority | 04/02/2015 | £1k | Grant to Watford FC Community Sports & Education Trust |
| The National Lottery Community Fund | 22/12/2011 | £10k | Onside |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FOOTBALL FOUNDATION | 2 | £1.2m |
| CRH CHARITABLE TRUST | 2 | £68k |
| THE JD FOUNDATION | 1 | £561k |
| LOCAL TRUST | 1 | £344k |
| BOLTON COMMUNITY AND VOLUNTARY SERVICES | 1 | £275k |
| BOLTON TOGETHER | 1 | £248k |
| THE BEAVERBROOKS CHARITABLE TRUST | 1 | £70k |
| THE HARGREAVES FOUNDATION | 1 | £58k |
Charities like this
- READING FC COMMUNITY TRUST
- THE FOOTBALL LEAGUE (COMMUNITY) LIMITED
- MILTON KEYNES DONS FOOTBALL CLUB SPORTS & EDUCATION TRUST
- WIGAN ATHLETIC FC COMMUNITY TRUST
- BOLTON WANDERERS COMMUNITY TRUST
- WATFORD AND THREE RIVERS TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WATFORD FC'S COMMUNITY SPORTS & EDUCATION TRUST | £3.0m | — | 0 | unclear | — | no doubt |
| READING FC COMMUNITY TRUST | £2.4m | — | — | above | — | no doubt |
| THE FOOTBALL LEAGUE (COMMUNITY) LIMITED | £15.7m | — | — | unclear | — | no doubt |
| MILTON KEYNES DONS FOOTBALL CLUB SPORTS & EDUCATION TRUST | £3.9m | — | 0 | below | — | no doubt |
| WIGAN ATHLETIC FC COMMUNITY TRUST | £1.8m | — | 0 | below | — | no doubt |
| BOLTON WANDERERS COMMUNITY TRUST | £1.5m | — | 0 | below | 6.1% | no doubt |