REGISTERED COMPANY NUMBER: 11479562 (England and Wales)

REGISTERED CHARITY NUMBER: 1197990

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

CSM FOUNDATION

Page

Report of the Trustees

1

to

5

Independent Examiner's Report

6

Statement of Financial Activities

7

Balance Sheet

8

to

9

Notes to the Financial Statements

10

to

15

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

CHARITY COMMISSION REGISTRATION

The charitable company was incorporated on 18 February 2022 and originally begun trading on 23 July 2018

OBJECTIVES AND ACTIVITIES

Objectives and aims

The promotion of community participation in healthy recreation for the public benefit in particular marginalised communities by supporting the provision of facilities, training and coaching in the sport of football.

Public benefit

The trustees confirm that they have complied with the duty in section 4 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission in determining the activities undertaken by the Charity. All activities use sport as a tool to support physical, mental and social wellbeing by bringing people together through football.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

CSM Foundation has successfully delivered multiple community football initiatives in the 2024-25 season. Since last year, the Foundation has continued with its delivery of 4 core community programmes (Coach-Ed., FEED, Player Leagues, and Roads to Success). This is in addition to the 3 adult football sides that are run under the CSM London FC banner. Since January of 2024, a CSM Youth initiative begun with the intention of preparing new CSM London Youth football teams for the beginning of the 2025-26 season (affiliated from 1st July).

CSM London FC has once again operated with 3 registered male adult teams with 163 registered attendees to CSM London club. This number increased from last season, which had 143 register players. The manager's meeting has taken place to prepare team manager's for the 2025-26 season which will now include 3 Youth teams at under 8s, under 10s and under 12s. This will compliment the existing CSM London club of Senior team, under 23s and Sunday team.

Currently the Senior team is playing at Step 7 as we continue our quest to move up the non-league football ladder.

Supported by our Primary Partners: Anglian Self Storage / Lint Group / Essex Auto Centre / Luxa Cleaning / Luxa Detailing / Rose Court Chambers

Supported by our Business Club Partners: Preston's Chartered Accountants / MyNetGoals / Flogi / Neuroshake /Intercity Furniture / 1 Life Moss / RNS Homes / Gaming Van Royale / Amanah Caterers / The Only Tan Is Essex / JNL Consultants

Coach-Ed. is CSM's coach education programme that provides free access to Introduction to Coaching Football, First Aid and Safeguarding qualifications with The FA. It's mission is to subsidise costs for these qualifications by supporting young people aged 16+ and not in employment to gain employment skills. Due to the qualification being delivered online, our Coach-Ed. programme also includes practical coaching support and mentoring from senior coaches. One of the biggest success stories is how some of our early Coach-Ed. participants from 2018-19 now make up part of our mentor team for the current wave of participants. Furthermore, we have been able to onboard some of the individuals qualifying through our Coach-Ed. Programme onto paid sessional opportunities as part of CSM Youth.

Total for 2024-25 = 24 newly qualified coaches

Funded and supported by KFC Foundation / London Borough of Newham

FEED is CSM's donation drive to raise funds and purchase much needed toiletries and groceries for local contingency hotels and homeless shelters in East London. We target 2 drops per year, and now have 9 regular subscription based donors providing funds directly to the FEED programme. At each drop, we also provide good condition footwear and children's toys kindly donated from the CSM Community. Players, volunteers and commercial partners have all joined us for the FEED drops for 2024-25 and we are continually grateful for this generous offer of time and money to the cause. One of the biggest fundraising drives came from the London Marathon and Brighton Marathan as Stephanie Hobbs and Usman Ahmed raised over £2,000 fundraising for the FEED programme through their marathon exploits. These funds were used to put on a resident's Community Day at Courtney Hotel where over 60 residents, classified as homeless, were able to enjoy a buffet service lunch with activities put on for them.

Total for 2024-25 = £5,875 raised

Player Leagues is CSM Foundation's community football initiative that brings together people from different backgrounds to participate in regular football activity on a weekly basis. The concept is unique as it provides a "casual-competitive" environment that is currently being researched as a mechanism for enhancing a sense of belonging amongst individuals who collectively feel a sense of community. This highlights how the programme covers individual benefits of physical, mental and social wellbeing for each individual involved. Since last year we have grown from 2 weekly leagues to 7 weekly leagues. With the growth of Player Leagues has come some greater administrative burden, therefore early conversations have started about branding Player Leagues as it's own entity, delivered by CSM Foundation, and building a web app to enable sign ups and subscription models to generate revenue for CSM Foundation.

Total for 2024-25 = 124 weekly players from 7 weekly leagues.

Roads to Success is a Sport and Law workshop designed to bring employability skills and law-career aspirations to Year 9 students, whilst also opening the mindset towards greater trust in law establishments amongst students. We returned to Kingsford School to deliver again, and have been invited back once again next year. Furthermore, we were invited to Winchmore School to deliver there too. For next year, schools in Barking and Dagenham should be targeted which will help cement CSM Youth's footing in the community as a local football deliverer for youth programmes. Strategically, this will support player recruitment to CSM Youth teams who train in Barking and Dagenham. Part of the challenges

Total for 2024-25 = 85 students

CHALLENGES

The financial and operational pressures facing CSM have continued to intensify over the past year. Demand for the FEED programme has grown encouragingly, reflecting its community impact, but this increased uptake has placed further strain on unrestricted income as more resource is directed toward a subsidised provision.

Grant income generation has deteriorated significantly, with the proportion of unsuccessful applications higher than at any previous point in the organisation's history. This reflects a broader concern across the voluntary and community sector, where competition for available funding has become exceptionally acute.

Sport-specific funding, particularly for football, has contracted further still. Funders now routinely require workshops and wider skills development activity to be embedded within any funded programme, yet the volunteer committee's capacity to design and deliver these additions has reduced. Many committee members are navigating growing family commitments alongside career progression in their primary employment, and the demands on their time are considerable.

Facility hire costs have increased once again, compounding the pressures outlined in last year's report and continuing to limit what can be delivered within existing budgets.

Whilst the number of sponsors has grown through the primary sponsorship structure and the CSM Business Club, the aggregate value of that sponsorship income has fallen markedly, meaning the headline growth in partner numbers has not translated into a corresponding increase in financial support.

FUTURE PLANS

In the immediate future, CSM Foundation plans to review existing programmes and capacity for deliver since moving base venue for the upcoming year. Upon review, opportunities will be explored to book more space, if available, to continue to expand the delivery of the Player Leagues activities and explore subscription models to the Player Leagues model.

For CSM London FC, as the senior side makes its move up the non-league pyramid, we will explore options for venues for home-matches at a suitable minimum Grade 7 stadium in order to comply with league regulations. This is an ambitious plan and despite being competitive in it's nature, it should be recognised that the continued advancement of CSM London FC, has consequential benefits to all CSM Foundation activities due to exposure. We will also review how the first 3 CSM Youth teams go through 2025-26 and look to expand beyond this provided the setup runs in a financially secure manner.

Whilst the FEED programme continues to go through strength to strength, we will seek to establish a partnership in Barking and Dagenham with appropriate provider in this London Borough. This will be in addition to the existing partners in Newham and Waltham Forest.

The Coach-Ed. programme will have 2nd year funding provided by KFC Foundation upon evaluation completion of Year 1's funding from this financial year (2024-25). CSM ought to seek up to £3-5,000 in further funding from other sources to help support the growth of this programme, particularly with the develop of CSM Youth sessions which is increasing the need for coaches to be qualified and DBS checked prior to coaching our own sessions.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, the memorandum of articles and association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The memorandum and articles incorporated on 23 July 2018 now adopted by special resolution dated 9 February 2022.

Recruitment and appointment of new trustees

The appointment of Trustees remains as stated in the CSM Foundation Memorandum and Articles in 2024-25 but subsequently will see the departure of Faheem Ikramullah. This is likely to be processed in 2025-26. Due to ill health and time constraints Faheem Ikramullah has given notice to leave his duties.. No new trustees have been appointed but should they be recruited in the following year they will be provided with trustee resources from The Charity Commission.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

11479562 (England and Wales)

Registered Charity number

1197990

Registered office

5 Ewellhurst Road

Ilford

IG5 0PB

Trustees

Dr A Ikramullah Chair

T B Carding Trustee

W Brobby Trustee

A S Saleh Trustee

Dr Anees Ikramullah (Chair)

Thomas Bejamin Carding

William Brobby

Faheem Ikramullah

Adam Samir Saleh

Independent Examiner

Anwer Patel BA(Hons), BFP, FCA

Prestons & Jacksons Partnership LLP

364 - 368 Cranbrook Road

Ilford

Essex

IG2 6HY

Approved by order of the board of trustees on 20 April 2026 and signed on its behalf by:

Dr A Ikramullah - Trustee

Independent examiner's report to the trustees of Csm Foundation ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Anwer Patel BA(Hons), BFP, FCA

Prestons & Jacksons Partnership LLP

364 - 368 Cranbrook Road

Ilford

Essex

IG2 6HY

20 April 2026

30.6.25

30.6.24

Unrestricted

Restricted

Total

Total

fund

fund

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

6,224

3,960

10,184

9,295

Other trading activities

3

49,386

-

49,386

20,231

Other income

-

-

-

1,200

Total

55,610

3,960

59,570

30,726

EXPENDITURE ON

Charitable activities

Charitable Activities

52,815

1,388

54,203

34,560

NET INCOME/(EXPENDITURE)

2,795

2,572

5,367

(3,834

)

RECONCILIATION OF FUNDS

Total funds brought forward

4,693

-

4,693

8,527

TOTAL FUNDS CARRIED FORWARD

7,488

2,572

10,060

4,693

30.6.25

30.6.24

Notes

£

£

CURRENT ASSETS

Debtors

8

90

300

Cash at bank

11,470

5,593

11,560

5,893

CREDITORS

Amounts falling due within one year

9

(1,500

)

(1,200

)

NET CURRENT ASSETS

10,060

4,693

TOTAL ASSETS LESS CURRENT LIABILITIES

10,060

4,693

NET ASSETS

10,060

4,693

FUNDS

11

Unrestricted funds

7,488

4,693

Restricted funds

2,572

-

TOTAL FUNDS

10,060

4,693

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 20 April 2026 and were signed on its behalf by:

A Ikramullah - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going Concern

The Board of Trustees confirmed they have secured sufficient income to operate for the next twelve months. As a result of this, the accounts have been prepared on a going concern basis.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.	DONATIONS AND LEGACIES

30.6.25

30.6.24

£

£

Donations

6,224

2,942

Grants

3,960

6,353

10,184

9,295

Grants received, included in the above, are as follows:

30.6.25

30.6.24

£

£

KFC Foundation

3,000

2,500

Greater London Authority

-

858

LCY Community Fund

-

2,995

London Borough of Newham

960

-

3,960

6,353

3.	OTHER TRADING ACTIVITIES

30.6.25

30.6.24

£

£

Football Matches Fees

36,767

13,365

Shop income

1,976

202

Sponsorships

10,083

5,812

Other Generating funds

560

852

49,386

20,231

4.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

30.6.25

30.6.24

£

£

Independent Examiners Fees

1,000

900

Accountancy fees

500

400

5.	TRUSTEES' REMUNERATION AND BENEFITS

30.6.25

30.6.24

£

£

Trustees' fees

180

657

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES YE 30.6.24

Unrestricted

Restricted

Total

fund

fund

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2,942

6,353

9,295

Other trading activities

20,231

-

20,231

Other income

1,200

-

1,200

Total

24,373

6,353

30,726

EXPENDITURE ON

Charitable activities

Charitable Activities

28,207

6,353

34,560

NET INCOME/(EXPENDITURE)

(3,834

)

-

(3,834

)

RECONCILIATION OF FUNDS

Total funds brought forward

8,527

-

8,527

TOTAL FUNDS CARRIED FORWARD

4,693

-

4,693

7.	KEY MANAGEMENT PERSONNEL

Key Management Personnel comprises of the Board of Trustees.

8.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Prepayments and accrued income

90

300

9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Accrued expenses

1,500

1,200

10.	ANALYSIS OF NET ASSETS BETWEEN FUNDS

30.6.25

30.6.24

Unrestricted

Restricted

Total

Total

fund

fund

funds

funds

£

£

£

£

Current assets

8,988

2,572

11,560

5,893

Current liabilities

(1,500

)

-

(1,500

)

(1,200

)

7,488

2,572

10,060

4,693

11.	MOVEMENT IN FUNDS

Net

movement

At

At 1/7/24

in funds

30/6/25

£

£

£

Unrestricted funds

General fund

4,693

2,795

7,488

Restricted funds

Restricted Funds

-

2,572

2,572

TOTAL FUNDS

4,693

5,367

10,060

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

55,610

(52,815

)

2,795

Restricted funds

Restricted Funds

3,960

(1,388

)

2,572

TOTAL FUNDS

59,570

(54,203

)

5,367

Comparatives for movement in funds

Net

movement

At

At 1/7/23

in funds

30/6/24

£

£

£

Unrestricted funds

General fund

8,527

(3,834

)

4,693

TOTAL FUNDS

8,527

(3,834

)

4,693

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

24,373

(28,207

)

(3,834

)

Restricted funds

Restricted Funds

6,353

(6,353

)

-

TOTAL FUNDS

30,726

(34,560

)

(3,834

)

Analysis of Restricted Funds carried forward as at 30th June 2025

30.6.2025

Amount (£

)

London Borough of Newham

8

KFC Foundation

2,564

2,572

12.	RELATED PARTY DISCLOSURES

During the year, one of the trustees, named William Brobby provided his coaching services amounting to £180 (2024: £657) to the Foundation. This is in line with sections 185 and 186 of Charity Acts and with the charity's governing constitution.