Ipswich Town Foundation

Charity number: 1157518
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Ipswich Town Foundation is the official charity of Ipswich Town Football Club, using the power of Ipswich Town FC to make a genuine positive difference to the lives of individuals and groups in Suffolk. We deliver a diverse range of programmes across community participation and inclusion, education and employability, health and wellbeing and sport and physical activity.

Income and expenditure

Data for financial year ending 30 June 2024

Total income:
£2,568,524

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Donations and legacies £607.42k
Charitable activities £1.64m
Other trading activities £0
Investments £0
Other £321.23k

Total expenditure:
£2,582,000

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Raising funds £0
Charitable activities £2.58m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £0
Charitable expenditure £2.58m

People

48 Employee(s)

10 Trustee(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • Amateur Sport
  • Recreation
  • Other Charitable Purposes
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Suffolk

Governance

Registration history:
  • 18 June 2014: Standard registration
Organisation type:
Charitable company
Other names:
  • FRIENDS OF IPSWICH TOWN FC. (Previous name)
  • IPSWICH TOWN COMMUNITY TRUST (Previous name)
Company number:
09035797 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Risk management
  • Safeguarding policy and procedures
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Tom Ball Trustee 21 July 2022
None on record
Rowena Mackie Trustee 21 July 2022
None on record
Richard Neal Trustee 23 March 2022
None on record
Robert Adam Trustee 28 February 2022
None on record
Matthew Rhys Holland Trustee 23 November 2021
None on record
Natasha Viola Thomas Trustee 23 November 2021
None on record
Andrew Lloyd Stevens Trustee 23 November 2021
THE LENTONBROOK FOUNDATION
Recently registered
EDGE FOUNDATION
Received: On time
Mark Anthony Ashton Trustee 23 November 2021
None on record
Conor Mark Chaplin Trustee 23 November 2021
None on record
Elizabeth Anne Edwards Trustee 22 January 2020
None on record

Financial history

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Financial period end date

Income / Expenditure 31/05/2020 31/05/2021 30/06/2022 30/06/2023 30/06/2024
Total gross income £446.42k £492.70k £976.32k £2.08m £2.86m
Total expenditure £331.63k £441.68k £982.47k £2.10m £2.58m
Income from government contracts N/A N/A £571.53k N/A N/A
Income from government grants £32.31k £68.10k £311.77k N/A N/A
Income - Donations and legacies N/A N/A £404.80k £661.31k £607.42k
Income - Other trading activities N/A N/A £0 £0 £0
Income - Charitable activities N/A N/A £571.53k £1.04m £1.64m
Income - Endowments N/A N/A £0 £0 £0
Income - Investment N/A N/A £0 £0 £0
Income - Other N/A N/A £0 £342.30k £321.23k
Income - Legacies N/A N/A £0 £0 £0
Expenditure - Charitable activities N/A N/A £735.09k £2.10m £2.58m
Expenditure - Raising funds N/A N/A £0 £0 £0
Expenditure - Governance N/A N/A £26.36k £0 £0
Expenditure - Grants institution N/A N/A £0 £0 £0
Expenditure - Investment management N/A N/A £0 £0 £0
Expenditure - Other N/A N/A £247.38k £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/05/2020 31/05/2021 30/06/2022 30/06/2023 30/06/2024
Own use assets N/A N/A £18.40k £48.27k £50.77k
Long-term investments N/A N/A £0 £0 £0
Other assets N/A N/A £411.53k £462.80k £753.64k
Defined benefit pension scheme asset or liability N/A N/A £0 £0 £0
Total liabilities N/A N/A £239.86k £339.79k £353.88k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 30 June 2024 28 April 2025 On time
Accounts and TAR 30 June 2024 28 April 2025 On time Download Open in new window
Annual return 30 June 2023 30 April 2024 On time
Accounts and TAR 30 June 2023 30 April 2024 On time Download Open in new window
Annual return 30 June 2022 05 May 2023 5 days late
Accounts and TAR 30 June 2022 05 May 2023 5 days late Download Open in new window
Annual return 31 May 2021
Accounts and TAR 31 May 2021
Annual return 31 May 2020 28 March 2021 On time
Accounts and TAR 31 May 2020 28 March 2021 On time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 12 MAY 2014 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 26 JUL 2019 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 01 AUG 2022 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 13 SEP 2022 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 20 DEC 2022

Charitable objects

3.1 THE CHARITY'S OBJECTS (OBJECTS) ARE FOR THE BENEFIT OF THE PUBLIC GENERALLY, AND IN PARTICULAR THE INHABITANTS OF SUFFOLK AND ITS SURROUNDING AREAS, AND ARE: 3.1.1 TO PROMOTE AND ASSIST IN PROMOTING COMMUNITY PARTICIPATION IN HEALTHY RECREATION; 3.1.2 TO FURTHER AND ASSIST IN THE EDUCATION (ON A SOCIAL AND PHYSICAL BASIS) OF CHILDREN ATTENDING SCHOOLS WITHIN THE SUFFOLK AND SURROUNDING AREA THROUGH THE USE OF THE GAME OF FOOTBALL AND OTHER SPORTS ACTIVITIES AS EDUCATIONAL TOOLS; 3.1.3 TO ADVANCE AND ASSIST IN ADVANCING THE EDUCATION OF CHILDREN AND YOUNG PEOPLE ATTENDING SCHOOLS IN SUFFOLK AND THE SURROUNDING AREA BY THE PROVISION, AT VENUES SELECTED OR APPROVED BY THE CHARITY, OF MEETINGS, LECTURES, CLASSES AND ACTIVITIES FOR THE BENEFIT OF SUCH CHILDREN AND YOUNG PEOPLE AND BY THE PROVISION OF EDUCATIONAL MATERIALS FOR DISTRIBUTION TO SUCH CHILDREN AND YOUNG PEOPLE; 3.1.4 TO PROMOTE SOCIAL INCLUSION FOR THE PUBLIC BENEFIT BY PREVENTING PEOPLE FROM BECOMING SOCIALLY EXCLUDED (UNEMPLOYMENT; FINANCIAL HARDSHIP; YOUTH OR OLD AGE; ILL HEALTH (PHYSICAL OR MENTAL)), RELIEVING THE NEEDS OF THOSE PEOPLE WHO ARE SOCIALLY EXCLUDED AND ASSISTING THEM TO INTEGRATE INTO SOCIETY; 3.1.5 TO PROVIDE OR ASSIST IN PROVIDING FACILITIES FOR RECREATION AND OTHER LEISURE TIME OCCUPATION IN THE INTERESTS OF SOCIAL WELFARE AND WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THOSE WHOM THE FACILITIES ARE PROVIDED; 3.1.6 TO ACT AS A RESOURCE FOR YOUNG PEOPLE IN SUFFOLK AND THE SURROUNDING AREA BY PROVIDING ADVICE, ASSISTANCE AND ORGANISING PROGRAMMES OF PHYSICAL, EDUCATIONAL AND OTHER ACTIVITIES AS A MEANS OF: 3.1.6.1 ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS, AND 3.1.6.2 ADVANCING EDUCATION; AND 3.1.7 TO PROMOTE ANY OTHER PURPOSE WHICH IS CHARITABLE ACCORDING TO ENGLISH LAW.

Contact information

Address:
Portman Road
IPSWICH
Ipswich
Ipswich
Suffolk
IP1 2DA
Phone:
01473400980
Email:
community@itfc.co.uk
Website:

https://www.itfcfoundation.co.uk/ Open in new window