HERTFORD TOWN COMMUNITY FC SPORTS EDUCATION TRUST
Community football club
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £4,984 for the year ended 31 May 2025, largely due to £18,933 in suspected theft of funds. While the charity holds unrestricted reserves of £9,683, the trustees note that the theft has exhausted the reserves position, impacting planned investments. Despite this, the trustees confirm the charity can continue as a going concern as ordinary operations generate surplus funds.
What the accounts disclose
“Following discovery of the suspected theft, the matter was reported by the Chair of Trustees under the Serious Incident Guidelines to the Charity Commission and to the Hertfordshire Police.” — page 6
Trustees
- DAVID GOODEYchair
- Gary Shankland
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £109k | £114k |
| 31/05/2024 | £97k | £106k |
| 31/05/2023 | £106k | £99k |
| 31/05/2022 | £62k | £74k |
| 31/05/2021 | £45k | £38k |
Common questions
Is HERTFORD TOWN COMMUNITY FC SPORTS EDUCATION TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £4,984 for the year ended 31 May 2025, largely due to £18,933 in suspected theft of funds. While the charity holds unrestricted reserves of £9,683, the trustees note that the theft has exhausted the reserves position, impacting planned investments. Despite this, the trustees confirm the charity can continue as a going concern as ordinary operations generate surplus funds. Its FY2025 accounts were independently examined.