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;

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.

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

Property (HM Land Registry)

1 registered titlein 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).

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 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

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£3.0m0unclearno doubt
READING FC COMMUNITY TRUST FY2025£2.4maboveno doubt
THE FOOTBALL LEAGUE (COMMUNITY) LIMITED FY2025£15.7munclearno doubt
MILTON KEYNES DONS FOOTBALL CLUB SPORTS & EDUCATION TRUST FY2025£3.9m0belowno doubt
WIGAN ATHLETIC FC COMMUNITY TRUST FY2025£1.8m0belowno doubt
BOLTON WANDERERS COMMUNITY TRUST FY2025£1.5m0below6.1%no doubt

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